Money20/20 USA: Mastercard Unveils Stablecoin Security
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As stablecoins play a growing role in cross-border and business-to-business payments, financial institutions need a clearer view of risk across increasingly complex payment flows. Now, at Money20/20 USA, Mastercard has announced Stablecoin Security, a risk intelligence solution in collaboration with Borderless.xyz and Keyrails. Stablecoin Security builds on Mastercard's existing capabilities, helping financial institutions identify fraud, scams sanctions and other financial-crime risk indicators throughout the stablecoin payment lifecycle, including before funds move on-chain. Alex Garn, Chief Product Officer at Borderless.xyz, says: "Stablecoin payments should be simple to launch and manage, even when the infrastructure behind them is complex. "Working with Mastercard will help give financial institutions the context they need to manage risk across providers, markets and currencies without adding another layer of operational complexity."
