Mastercard is expanding its role in the digital economy by embracing stablecoins as potential settlement currency, and highlighting open banking, especially real-time consumer account balance visibility, as central to future growth and fraud prevention. During its earnings call, the company introduced new initiatives like “Account to Account Protect” and reaffirmed its commitment to offering consumers flexible, secure payment options – including stablecoins – via a unified digital credential. With Q2 revenue of $8.13 billion (up 17% YoY) and stronger-than-expected earnings, Mastercard raised its fiscal 2025 guidance, positioning itself at the forefront of digital payments innovation and global financial connectivity.
Mastercard to Enable Stablecoins As Settlement Currencies As It Touts Open Banking for Fraud Prevention: ‘We See It As Another Currency’