Mastercard unveils global crypto partner program with over 85 digital asset and payment firms

Mastercard has introduced a global cryptocurrency partner program that initially links more than 85 digital asset, banking and payment companies to develop blockchain-based payment and settlement solutions. The initiative will focus on cross-border transfers, settlements and commercial payments, while Mastercard and SoFi Technologies have also agreed to use the SoFiUSD stablecoin for card transaction settlement in 2024.