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Mastercard is launching settlement options in USDC and EURC stablecoins for acquirers and merchants within the Eastern Europe, Middle East, and Africa (EEMEA) region.
Mastercard has revealed an enhanced collaboration with Circle to incorporate USDC and EURC settlements into the EEMEA acquiring network. This initiative represents the first opportunity for acquirers and merchants in these regions to utilize stablecoins for transactions through Mastercard’s global infrastructure.
Acquirers will now have the capability to receive settlements directly in USDC or EURC issued by Circle. This method aims to accelerate and streamline merchant payments, enhancing liquidity and lowering costs typically linked to processing substantial transaction volumes.
The primary objective of this initiative is to incorporate stablecoins into the conventional financial system, transforming them into everyday payment methods. The initial participants in this project include Arab Financial Services and Eazy Financial Services.
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Dimitrios Dosis, President of Mastercard EEMEA, stated that the company seeks to support the transition of payment methods from fiat currency to tokenized and programmable digital assets, leveraging its extensive experience in security and regulatory compliance.
Kash Razzaghi, Chief Business Officer at Circle, remarked that the expansion of USDC settlements through Mastercard’s network opens the door to genuinely borderless commerce, positioning stablecoins as a widely accepted payment option alongside traditional currencies.
Max Krupyshev, CEO of CoinsPaid, pointed out in a 2025 report for AmCham Estonia members that dollar-pegged stablecoins are emerging as a crucial factor in the adoption of crypto within business operations, as they fulfill genuine user requirements while offering stability, universality, and ease of integration.
The broadened partnership with Circle is merely one of Mastercard’s global endeavors in digital assets. The company is backing an increasing array of stablecoins, including PayPal’s PYUSD and Paxos’ USDG, and is advancing projects in cross-border payments, B2B transactions, and freelancer payouts through the Mastercard Move and Multi-Token Network (MTN) platforms. The reliability and compliance of operations are assured by Crypto Credential and Crypto Secure services, which uphold the highest security standards.
Сообщение Mastercard Launches Stablecoin Settlements in EEMEA появились сначала на CoinsPaid Media.
