mastercardpartnership

Quick Take
Mastercard announced the launch of the “Crypto Partner Program,” a global initiative comprising more than 85 crypto-native companies, payment providers, and financial institutions.Participants will collaborate on future product development, specifically targeting enterprise use cases such as cross-border remittances, B2B transfers, payouts, and settlement.

Mastercard on Wednesday launched a global Crypto Partner Program comprising more than 85 crypto-native companies, payment providers, and financial institutions, according to a statement from the payments firm.
The initiative includes crypto exchanges, blockchain developers, fintech firms, and banks such as Binance, Circle, Ripple, Gemini, PayPal, and Paxos, Mastercard said in a video attached to the statement.
The program is designed to facilitate collaboration on future product development targeting enterprise use cases, including cross-border remittances, B2B transfers, payouts, and settlement. 
Notably, it reflects what Mastercard described as a "core belief that the next phase of on-chain payments will be built through collaboration," with participants engaging on solutions that aim to bring the speed and programmability of digital assets together with established card rails and global commerce flows.
"The focus is practical execution: translating technical innovation into scalable, compliant use cases that can operate across markets and integrate seamlessly into everyday commerce," the statement said.
The program builds on Mastercard's existing digital asset infrastructure, including its Start Path blockchain accelerator track and Engage platform's dedicated Crypto Card program, which have created opportunities for collaboration and growth, according to the company.
Mastercard expands digital asset partnerships
The launch comes as Mastercard has expanded activity across the digital asset sector over the past year through partnerships, infrastructure initiatives, and payment integrations
RATINGS
In October, cloud infrastructure provider Cloudflare partnered with Visa, Mastercard, and American Express to build authentication standards intended to support payments initiated by autonomous AI agents.
Later that month, Mastercard was reported to be acquiring crypto and stablecoin infrastructure startup Zerohash in a deal totaling up to $2 billion, according to Fortune. Zerohash, a Chicago-based firm founded in 2017, provides technology and regulatory tools for banks, fintechs, and brokerages to launch compliant crypto trading, stablecoin, and tokenization projects.
Additionally, Consensys' MetaMask wallet launched a U.S. payment card through a partnership with Mastercard. The self-custodial card allows users to retain control of their digital assets until the moment of payment and can be used wherever Mastercard is accepted, with cashback rewards paid in MetaMask's mUSD stablecoin.
SoFi also said earlier this month it plans to offer its SoFiUSD stablecoin as a settlement currency across Mastercard's global payments network, with its Galileo technology platform expected to be among the first to offer issuing banks the option to settle card transactions using the U.S. dollar stablecoin.
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Mastercard Magic: Stablecoins Meet Real-World Payments! 💳⚡
Hold onto your wallets, folks! Ripple isn't just talking the talk—they're walking it straight into the heart of TradFi. Teaming up with Mastercard, WebBank, and Gemini, Ripple's piloting the first regulated stablecoin for U.S. bank card settlements.7d33b2 Imagine seamless, lightning-fast transactions where XRP powers everyday swipes—no more clunky wires or sky-high fees! This isn't hype; it's a stablecoin card pilot that's already got Wall Street buzzing, bridging crypto's wild frontier with the $40 trillion payments industry. 🚀 #XRP holders, your time is NOW— this partnership screams mainstream adoption!
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Ripple News Today, $RLUSD received a boost from the deal with Mastercard and Gemini
Ripple Swell 2025 event has announced a new partnership with Mastercard, WebBank, and Gemini. The aim of this collaboration is to initiate stablecoin settlement for fiat credit card payments using RLUSD on the $XRP Ledger (XRPL). This initiative will modernize the traditional financial system.