Mastercard joins stablecoin alliance Global Dollar Network, adds support for PayPal and Fiserv tokens


according to Fortune, Mastercard announced joining the stablecoin alliance Global Dollar Network initiated by institutions such as Paxos, enabling the co-minting and sharing of interest income linked to the stablecoin USDG with US Treasury 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.