Mastercard Says Stablecoins Can Alleviate Delays in Cross-Border Payments
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AI-assisted source synthesis · not an independent investigation.
On October 10, 2026, Mastercard CEO Michael Miebach said that stablecoins can replace traditional cross-border payment methods, which typically take several days and lack fee transparency. The report cited relevant research stating that cross-border B2B transfers have become an important payment use case for stablecoins, which can improve payment speed, costs, and currency exposure. The same-day report said that Open Standard's OUSD has gone live, and Mastercard is one of four ways for enterprises to access OUSD.
AI-written from reports · updated 10 days ago
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- PYMNTSMastercard CEO: Stablecoins can alleviate delays in cross-border payments
Mastercard CEO Michael Miebach said stablecoins can replace traditional cross-border payment methods that take several days and have opaque fees. Open Standard's OUSD has gone live, and Mastercard is one of four routes for businesses to access OUSD. A related report said cross-border B2B transfers have become an important payment use case for stablecoins, which can improve speed, costs, and currency exposure issues.