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Mastercard pilots Crypto Credential for cross-border stablecoin payments
The pilot with Borderless.xyz targets trusted payment flows using stablecoins across borders.
Mastercard is expanding its stablecoin efforts with a pilot program called Crypto Credential, developed to support trusted cross-border stablecoin payment flows.
The Block reports that the company is working with Borderless.xyz on the Crypto Credential pilot to help enable these payment use cases.
The materials available indicate the initiative is specifically focused on stablecoin payments between countries, emphasizing trust and cross-border flow support rather than broader network changes.