Mastercard Pushes Card Settlement Onto Blockchain Without Changing Checkout

Checkout terminal with blockchain nodes and stablecoin icons signaling near real-time settlement on a permissioned MTN.

Mastercard has shifted the backend of its payments infrastructure onto a permissioned Multi-Token Network, or MTN, in a move that leaves the consumer checkout experience intact while transforming how value is cleared and settled behind the scenes. At the core of the change is a new settlement architecture that routes card obligations through on-chain stablecoin […]