Overview
- Merchants and acquirers in Eastern Europe, the Middle East, and Africa can now settle transactions in USDC or EURC through the Mastercard–Circle integration.
- Arab Financial Services and Eazy Financial Services are the first adopters in the region, targeting improved liquidity and operational efficiency for clients.
- Executives from both companies cast the move as a step toward mainstream use of stablecoins and borderless, real-time commerce.
- Mastercard plans to scale the rollout using Mastercard Move and the Multi-Token Network, with compliance supported by Crypto Credential and Crypto Secure.
- The effort fits a broader multi-token strategy that includes support for regulated assets such as USDG, FIUSD, and PYUSD in addition to USDC and EURC.