Mastercard Launched Multiple Stablecoin Settlement Support across EVM Chains!

Mastercard Launched Multiple Stablecoin Settlement Support across EVM Chains!

By Novasky | DevPress | 2 hours ago


Mastercard and Visa has been adopting to the blockchains. And they are being open towards the blockchain deployment of the stablecoins in multiple chains like Ethereum, Base and arbitrum. Recently they also included the OpenUSD foundation's OpenUSD stablecoin. 

The stablecoins like USDC, PYUSD, USDG, USDP, and SoFiUSD are being selected for the deployment. And they would be deployed on base, arbitrum and Ethereum blockchains. I am sure soon they would also get in line for the GBP and the EUR stablecoins.

OpenUSD was recently launched across Solana too. I happen to cover that the same day the news released. And now the Mastercard also decided to launch the support for this set of the stablecoins in their portfolio. So you know more of stablecoin variety is being now accepted by them.

It's good to see Arbitrum, Ethereum Mainnet, Optimism and BASE seems to be getting attention in the stablecoin market. 

You can read the news here

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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