Mastercard, Stripe and Visa to Launch 24/7 Settlement with Six Stablecoins
MA•Mastercard is testing a new stablecoin settlement platform with Stripe and Visa, enabling 24/7 on-chain processing using six tokens: USDC, PYUSD, USDG, USDP, RLUSD and SOFI USD. The pilot seeks to replace traditional batch settlements with real-time blockchain rails every day of the year.
1. Collaboration on Stablecoin Platform
Mastercard is partnering with Stripe and Visa to develop a shared settlement platform that leverages stablecoins for instant transaction finality. The initiative aims to integrate blockchain rails into existing payment networks and reduce reliance on traditional banking hours.
2. 24/7 On-Chain Settlement Trial
The pilot uses six tokens—USDC, PYUSD, USDG, USDP, RLUSD and SOFI USD—to enable real-time settlements 24/7/365. This test replaces end-of-day batch processing with continuous transaction clearing on public blockchains.
3. Potential Impact on Payment Processing
By shifting to constant on-chain settlement, Mastercard could lower operational costs, improve liquidity management and accelerate merchant payouts. The move may enhance competitive positioning against crypto-native payment solutions and drive long-term revenue growth.
