Overview
- Mastercard confirmed a collaboration with Thunes that will enable near real-time, always-on payouts from Mastercard Move to regulated stablecoin wallets.
- The integration, announced at the Singapore Fintech Festival, leverages Thunes’ Direct Global Network to settle transactions onto blockchain networks.
- Stablecoin wallets are being added as a native payout endpoint alongside cards, bank accounts, and cash for institutions using Mastercard Move.
- The companies highlighted potential gains such as expanded choice and efficiencies for cross-border payroll, supplier payments, and remittances.
- Key details remain undisclosed, including which stablecoins and blockchains will be supported, rollout timing, and local on/off‑ramp arrangements.