Mastercard partners with Abu Dhabi's ADI Foundation to expand stablecoin settlement business

TechFlow, Dec 16 — According to Coinedition, Mastercard announced a strategic partnership with the ADI Foundation aimed at expanding stablecoin settlement and tokenized asset use cases across the Middle East.

The collaboration will support cross-border transactions domestically and internationally through stablecoin settlements, launch payment cards linked to stablecoins, explore use cases for tokenized real-world assets, and provide digital asset support for remittance and B2B trade processes. Mastercard stated that this initiative aligns with the UAE's goal of becoming a hub for digital assets and blockchain infrastructure, offering banks, fintech firms, merchants, and consumers faster settlement, greater transaction transparency, and more resilient payment processes.