BlockBeats News, December 16 — According to Coinedition, Mastercard announced a strategic alliance with Abu Dhabi ADI Foundation to expand stablecoin settlement and tokenized asset application scenarios in the Middle East. The initiative will support cross-border transactions domestically and internationally through stablecoin settlement, launch stablecoin-linked payment cards, and explore use cases for tokenized real-world assets, while also providing digital asset support for remittances and B2B trade processes. Mastercard stated that this move aligns with the UAE’s goal to become a hub for digital assets and blockchain infrastructure, offering faster settlement speeds, clearer transaction visibility, and more resilient payment processes for banks, fintech companies, merchants, and consumers.
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Mastercard partners with ADI Foundation to expand stablecoin settlement and tokenized asset use cases in the Middle East
BlockBeats News, December 16 — According to Coinedition, Mastercard announced a strategic alliance with Abu Dhabi ADI Foundation to expand stablecoin settlement and tokenized asset application scenarios in the Middle East. The initiative will support cross-border transactions domestically and internationally through stablecoin settlement, launch stablecoin-linked payment cards, and explore use cases for tokenized real-world assets, while also providing digital asset support for remittances and B2B trade processes. Mastercard stated that this move aligns with the UAE’s goal to become a hub for digital assets and blockchain infrastructure, offering faster settlement speeds, clearer transaction visibility, and more resilient payment processes for banks, fintech companies, merchants, and consumers.