TLDR: Mastercard and ADI Foundation aim to boost stablecoin payments in the Middle East. Blockchain solutions from Mastercard and ADI Foundation will enhance crossTLDR: Mastercard and ADI Foundation aim to boost stablecoin payments in the Middle East. Blockchain solutions from Mastercard and ADI Foundation will enhance cross

Mastercard and ADI Foundation Revolutionize Payments with Stablecoins in the Middle East

TLDR:

  • Mastercard and ADI Foundation aim to boost stablecoin payments in the Middle East.
  • Blockchain solutions from Mastercard and ADI Foundation will enhance cross-border payments.
  • Stablecoin-linked payments to drive digital transformation in UAE’s financial ecosystem.
  • Mastercard’s blockchain partnership with ADI Foundation targets remittance improvements.
  • Mastercard and ADI Foundation push for faster, more secure stablecoin transactions in the Middle East.

Mastercard has teamed up with the ADI Foundation, a prominent Abu Dhabi-based organization specializing in blockchain solutions, to advance stablecoin-based payments in the Middle East. This strategic alliance is designed to drive the region’s digital transformation by enabling blockchain technology for both domestic and cross-border transactions. By leveraging stablecoins, the partnership aims to enhance payment systems, making them faster, more transparent, and resilient.

Advancing Blockchain Payments in the UAE

The collaboration between Mastercard and ADI Foundation supports the UAE’s growing ambition to become a global leader in digital assets and blockchain technology. The initial focus of this alliance will be on stablecoin payments, including stablecoin-linked payment cards and the tokenization of real-world assets. These efforts will target the enhancement of remittance flows and B2B trade using stablecoins, with the goal of improving the efficiency of cross-border payments in the region.

By utilizing blockchain infrastructure, Mastercard and ADI Foundation will create innovative solutions that integrate stablecoins into mainstream financial systems. The collaboration will also explore the potential of stablecoins in facilitating faster, more secure, and more cost-effective transactions. This initiative supports the broader vision of increasing financial inclusion and expanding digital economy services across the Middle East.

Innovating Stablecoin Applications in Financial Systems

The partnership between Mastercard and the ADI Foundation will focus on creating high-impact use cases that advance asset tokenization and stablecoin-linked applications. These innovations are expected to unlock new efficiencies in digital payments by enabling secure and seamless transactions. Mastercard’s expertise in payments and the ADI Foundation’s blockchain infrastructure will combine to build a more inclusive and future-ready digital economy.

As stablecoins continue to evolve, Mastercard’s strategy aims to provide scalable solutions that align with regulatory requirements. The introduction of stablecoin payments will offer businesses and consumers greater access to real-time settlements and enhanced liquidity. Moreover, the integration of blockchain infrastructure will foster greater transparency and resilience within the payment ecosystem.

Expanding Partnerships and Strengthening Financial Ecosystems

The collaboration between Mastercard and ADI Foundation follows Mastercard’s recent expansion of its partnership with Circle, which facilitates USDC and EURC stablecoin settlement across Eastern Europe, the Middle East, and Africa. NEO PAY and INFINIOS are also joining the initiative to further expand stablecoin settlement services. These partnerships aim to bring stablecoin solutions to a wider audience and strengthen the region’s financial infrastructure.

NEO PAY will enable its merchants to use stablecoins for real-time settlement, which enhances digital liquidity and connects everyday finance to emerging decentralized models. INFINIOS, another key partner, will integrate stablecoins into its ecosystem to provide secure, scalable payment solutions. These alliances play a crucial role in expanding the reach of stablecoin settlement, driving financial inclusion, and supporting cross-border commerce in the Middle East.

The post Mastercard and ADI Foundation Revolutionize Payments with Stablecoins in the Middle East appeared first on CoinCentral.

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