Ripple is participating in Mastercard’s Agent Pay for Machines effort, placing XRPL and RLUSD in a wider push to support AI-driven payments. Mastercard is working with more than 30 partners as autonomous transactions raise new demands for controls, permissioning, and settlement. Mastercard’s AI Payments Plan Puts Ripple’s Enterprise Role in Focus Ripple’s role in Mastercard’s […]
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Mastercard has launched Agent Pay for Machines, a new payment framework that allows AI agents to authorize, coordinate, and settle transactions across its global network. The launch includes more than 30 partners, including Coinbase, Ripple, Stripe, and Solana Foundation, as companies test commerce that operates continuously without traditional checkout processes. Mastercard Brings Agent Pay for […]
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Visa, Mastercard, and Stripe are reportedly backing a new shared stablecoin platform aimed at faster, cheaper cross-border settlement, according to a Coindesk report published Wednesday by reporter Ian Allison, citing three people familiar with the plans. Payments Giants Eye Shared Stablecoin Infrastructure The platform, which has not been officially announced and carries no confirmed name, […]
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Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]
]]>Mastercard is expanding its global settlement network to include regulated stablecoins, intraday options, and weekend and holiday processing, giving card issuers and acquirers new tools to manage liquidity beyond traditional banking hours. What Mastercard Is Enabling The payments giant announced plans to support onchain card settlement using stablecoins alongside existing fiat processes. Partners will be […]
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Paxos has become the first blockchain-native firm to receive full SEC approval as a registered clearing agency, setting the stage for same-day settlement in traditional capital markets. SEC Opens Wall Street Plumbing For Blockchain Technology The landmark decision makes Paxos the first and only blockchain-native enterprise approved to operate as a central securities depository (CSD) […]
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Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access […]
]]>A crucial development is taking place at the intersection of legacy finance and blockchain as Ondo Finance teams up with JPMorgan Chase, Mastercard, Ripple to carry out a transaction between them. It would directly connect the XRP Ledger with interbank settlement networks, a radical change in how global financial infrastructures engage. The pilot transaction is unique as the tokenized U.S. Treasuries settle internationally and between banks in near real time, unhampered by conventional banking hours. This milestone changes the rules of the game in that respect with markets that can operate beyond the bounds of time zones and institutional processing
The post Ondo Facilitates Big Banks’ Connection to Blockchain in Historic Settlement appeared first on The Merkle News.
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Tron founder Justin Sun has declared that crypto cards are the next structural phase in how digital assets reach everyday users. This follows a seismic year where stablecoins processed $33 trillion, surpassing Visa’s $14 trillion volume. Key Takeaways: Justin Sun identifies crypto cards as the “next evolution,” capitalizing on a $310 billion stablecoin market that […]
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Lobster.cash, the artificial intelligence (AI) agent payment platform built by Crossmint, announced this week that it will integrate Mastercard Agent Pay and Verifiable Intent, allowing AI agents to process purchases against cardholders’ existing Mastercard accounts. Key Takeaways: Lobster.cash and Mastercard will let Openclaw’s 1 million-plus AI agents charge purchases to existing Mastercard cards. The Verifiable […]
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