Mastercard (NYSE: $MA) is widening its settlement window to nights, weekends and holidays, with Polygon (CRYPTO: $POL) selected as one of the networks carrying the card giant’s onchain settlement push.
The expansion gives issuers and acquirers more flexibility in how they settle card transactions across Mastercard’s global network. The new options include intraday, weekend, and holiday settlement, along with regulated stablecoin settlement that can sit alongside existing fiat processes rather than replace them outright.
Polygon said it has been selected to carry that settlement onchain for Mastercard, placing the network inside a broader group of supported blockchains that also includes Arbitrum (CRYPTO: $ARB), Base (CRYPTO: $BASE), Canton (CRYPTO: $CC), Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), Tempo and XRPL. Mastercard’s supported stablecoins include Circle’s USDC (CRYPTO: $USDC), Paxos-issued PYUSD (CRYPTO: $PYUSD), USDG and USDP, Ripple’s RLUSD and SoFi’s SoFiUSD.
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