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
Price-Time Priority
A matching rule where orders are executed first by best price, then by entry time.
Off-Chain
Transactions processed outside the main blockchain, settled periodically on-chain for efficiency.
Mainnet
The primary, public blockchain network where real-world transactions and digital assets are processed.
Morpho
A permissionless decentralized lending protocol on Ethereum and Base that optimizes rates by matching lenders and borrowers peer-to-peer atop pools like Aave and Compound.
Proof-of-Stake (PoS) Ethereum
A consensus mechanism used by Ethereum to secure its network and validate transactions.
Slashing
A penalty mechanism in Ethereum’s proof-of-stake (PoS) consensus where a validator’s staked ETH is partially or fully deducted for violating network rules.