Mastercard has officially integrated stablecoin settlement support, allowing users and merchants to conduct transactions using stablecoins like USDC.

This move marks a significant step in mainstream adoption of digital assets, enabling select Mastercard merchants to accept stablecoins as payment.

Mastercard is partnering with firms, including payments processor Nuvei and stablecoin issuers Circle and Paxos, to enable stablecoin payments.

This was disclosed in the company’s latest press release on Monday.

“With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances,” it stated.

Mastercard is expanding its presence in the crypto space by partnering with OKX to launch a new card, adding to its existing collaborations with platforms like MetaMask.

Although the company confirmed the project, it has not yet provided a timeline for when the new card or stablecoin settlement features will become available to customers.

The move underscores Mastercard’s ongoing efforts to bridge traditional finance and digital assets, offering greater flexibility for crypto users.