SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.
MetaMask has made its debit card, powered by Mastercard, available to all users across the United States, enabling crypto-backed spending at merchants that accept Mastercard. The rollout simplifies on‑ramp and off‑ramp access and brings Web3 wallets closer to everyday payments.
Mastercard has posted for a Director of Crypto Flows to drive stablecoin-based card issuance, expand DeFi payment rails, and update network rules for Web3 transactions — a clear bet on crypto integration even as critic Citrini calls the network obsolete.
BlackRock and Mastercard are jointly evaluating integration of the XRP Ledger to support payments and settlement, signaling growing institutional interest in ledger-based rails. The review is exploratory and focused on technical and compliance feasibility rather than a committed product launch.
Binance has rolled out its Mastercard crypto card across multiple CIS countries, allowing users to instantly convert Bitcoin and other cryptocurrencies into local fiat at the point of sale. The launch aims to simplify spending crypto without using an exchange.
Visa and Mastercard say stablecoins are unlikely to displace card rails for everyday payments in developed markets, citing regulatory and infrastructure hurdles.
Bybit has launched a Mastercard-powered payment card in Georgia, allowing residents to spend digital assets at any merchant that accepts Mastercard. The rollout, announced 29 Jan 2026, aims to simplify crypto-to-fiat spending for local users.
Mastercard is weighing a strategic investment in Zerohash after takeover talks collapsed, according to people familiar with the matter. The move would give the card giant exposure to crypto infrastructure without pursuing a full acquisition.
Binance said on Dec. 30, 2025 that it has suspended Visa and Mastercard withdrawals for Ukrainian customers who used Bifinity services, attributing the move to regulatory changes. The pause affects fiat card exits and could force users to seek alternative withdrawal options.
Mastercard is expanding its stablecoin-based settlement capability to the UAE through a partnership with Abu Dhabi–based ADI Foundation, covering both domestic and cross-border payments. The move could accelerate settlement times and support the UAE's broader digital finance ambitions.