Mastercard Partners With Ripple, Solana, Circle On Cross-Border, B2B Transfers
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As traditional payment networks deepen their push into digital assets, Mastercard launched a Crypto Partner Program that brings together more than 85 crypto companies, payment providers, and financial institutions. Mastercard (MA) announced on Wednesday that the initiative included partners such as Binance (BNB), Circle (CRCL), Gemini (GEMI), Paxos (PAX), Ripple (XRP), PayPal (PYPL), Polygon (POL), and Solana (SOL), and will focus on real-world applications, including cross-border remittances, business payouts, and settlement infrastructure across its network operating in more than 200 countries. Mastercard noted that digital assets were moving into a new stage of adoption. "Digital assets are entering a new phase. What once ran in parallel to existing financial systems is increasingly being applied to solve practical, real-world needs, often behind the scenes, from cross-border remittances to B2B money transfers," the company said on X. The payments firm added that the new initiative aimed to create a framework for collaboration across the ecosystem as blockchain-based payment technology continues to mature. Mastercard was down roughly 1.8% following the launch of its crypto partner program during afternoon trading. On Stocktwits, retail sentiment around MA remained in 'bearish' territory, with 'low' chatter levels...
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