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Mastercard Joins Global Dollar Network Stablecoin Alliance, Adds Support for PayPal and Fiserv Tokens

Summary: Mastercard has announced its participation in the Global Dollar Network stablecoin alliance initiated by Paxos, allowing for the co-creation and sharing of interest income from the USDG stablecoin pegged to US Treasury bonds. Additionally, Mastercard will support PayPal's PYUSD and Fiserv's FIUSD stablecoins, integrating them into the Mastercard Move cross-border payment network.

Mastercard has announced its participation in the Global Dollar Network stablecoin alliance initiated by Paxos, allowing for the co-creation and sharing of interest income from the USDG stablecoin pegged to US Treasury bonds. Additionally, Mastercard will support PayPal's PYUSD and Fiserv's FIUSD stablecoins, integrating them into the Mastercard Move cross-border payment network.

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