Stablecoin and MasterCard
Mastercard’s network enabling stablecoins like USDC and PYUSD for merchant settlements and digital asset transactions in 2025.
What is Stablecoin and MasterCard?
In 2025, Mastercard joined Paxos’ Global Dollar Network, enabling USDG, USDC, PYUSD, and FIUSD across its network for merchant settlements and acquirers. Partnerships with Circle expanded digital settlements in the Middle East, allowing stablecoin use for faster payments. Mastercard views stablecoins as complementary, reporting 17% revenue growth in Q2 2025 amid stablecoin adoption.
Related Terms
Overnight Reverse Repurchase Agreement Facility (ON RRP)
A Federal Reserve tool where eligible counterparties lend cash overnight to the Fed in exchange for Treasury securities as collateral, helping to set a floor on short-term rates.
Consensus Algorithm
A consensus algorithm is a mechanism used by a blockchain network to achieve agreement among nodes on the validity and order of transactions in a decentralized system.
Dot Plot
A chart released quarterly by the Federal Reserve showing anonymous projections from FOMC members for future federal funds rates.
Bitcoin Block Reward
The amount of newly created Bitcoin awarded to miners for successfully adding a new block to the blockchain.
IMF Stablecoin Guidance
International Monetary Fund's recommendations on regulating stablecoins to balance innovation with risks in global finance.
Bids (buy orders)
Orders from buyers indicating the price and quantity they are willing to pay for a digital asset.