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Mastercard announces its joining of the stablecoin alliance Global Dollar Network, increasing support for PayPal and Fiserv Tokens.
Mars Financial News, according to fortune reports, Mastercard announced that it has joined the Global Dollar Network, a stablecoin alliance initiated by Paxos and other institutions, to jointly mint and share the interest income of USDG, a stablecoin pegged to U.S. bonds. At the same time, Mastercard will also support PayPal’s PYUSD and Fiserv’s FIUSD stablecoins and integrate them into the Mastercard Move cross-border payment network.