Mastercard partners with ADI Foundation to expand stablecoin settlement and tokenized asset application scenarios in the Middle East.

Techub News reports, according to Coinedition, Mastercard announced a strategic alliance with the Abu Dhabi ADI Foundation to expand the application scenarios for stablecoin settlement and tokenized assets in the Middle East. It will support cross-border transactions domestically and internationally through stablecoin settlement, launch stablecoin-linked payment cards, and explore use cases for tokenized real-world assets, while providing digital asset support for remittances and B2B trade processes. Mastercard stated that this move aligns with the UAE's goal of becoming a hub for digital assets and blockchain infrastructure, and will offer banks, fintech companies, merchants, and consumers faster settlement speeds, clearer transaction visibility, and more resilient payment processes.