Mastercard collaborates with Abu Dhabi ADI Foundation to expand stablecoin settlement business

According to Coinedition, Mastercard has announced a strategic alliance with the ADI Foundation aimed at expanding the use cases for stablecoin settlements and tokenized assets in the Middle East.

The collaboration will support domestic and international cross-border transactions through stablecoin settlements, launch stablecoin-linked payment cards, and explore tokenized real-world asset use cases, while providing digital asset support for remittances and B2B trade processes. Mastercard stated that this move aligns with the UAE's goal of becoming a hub for digital assets and blockchain infrastructure, offering faster settlement speeds, clearer transaction visibility, and more resilient payment processes for banks, fintech companies, merchants, and consumers.