Mastercard announced that it now supports banks and payment service providers in using regulated stablecoins for 24/7 card transaction clearing. The new service covers evenings, weekends, and public holidays, and some fund transfer processes are no longer entirely restricted by bank business hours.

The first batch supports multiple stablecoins

The first stablecoins available for clearing include Circle's USDC, Ripple's RLUSD, and Paxos's PYUSD, USDG, and USDP. SoFiUSD is also on the supported list. This service is open to participating financial institutions and payment providers.

Covering multiple blockchain networks

Mastercard stated that the clearing capabilities will operate on multiple blockchains, including Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo, and XRP Ledger. Participating institutions can therefore continue to complete fund transfers outside of business hours.

The first batch of institutions have already connected in the Americas.

Institutions that have already joined the program include ARQ, CBW Bank, Cross River, Lead Bank, and Nuvei. The report notes that these institutions are expected to be among the first to access the program in the United States and Latin America.

Mastercard executive Raj Dhamodharan stated that the next phase of stablecoin growth will come more from practical financial applications, particularly in clearing scenarios with high demands for timeliness and liquidity. Executives from Ripple, Circle, and Lead Bank also believe that corporate demand for non-bank payment systems is rising.

Continue global expansion in 2026

Mastercard stated that, depending on regulatory approvals, it will continue to expand this service to more markets in 2026. This also demonstrates that stablecoins are moving from being merely crypto trading tools into real-world payment and settlement infrastructure.