Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Mastercard Completes USDC Stablecoin Integration

Mastercard Completes USDC Stablecoin Integration

Kelly Cromley by Kelly Cromley
Feb 27, 2023
in Market News, News
Reading Time: 2 mins read
0

Mastercard has revealed an agreement with Immersve, a pioneer in Web3 technology, to enable cryptocurrency payments via USDC settlements. Users will have the ability to make direct cryptocurrency payments throughout digital, physical, and metaverse domains as a result of this partnership.

The collaboration between Mastercard and Immersve will resolve network transactions with the U.S. dollar-pegged stablecoin USD Coin (USDC). USDC will be exchanged into fiat currency, which can be utilized to resolve trades on Mastercard’s network, thereby facilitating seamless transactions. Immersve’s APIs and smart contracts will facilitate the integration of web3 wallets and decentralized financial protocols.

This collaboration represents a major landmark in the mass adoption of cryptos as a means of payment. Consumers can now make straightforward payments utilizing their prevailing Web3 accounts without requiring collateral from third parties.

According to Immersve CEO Jerome Faury, partnering with an established and reputable brand such as Mastercard is a significant step towards the widespread acceptance of Web3 wallets.
This advancement is anticipated to increase the acceptance and use of cryptocurrencies in the wider market, as the partnership creates new utilization possibilities.

As more businesses adopt digital assets, it becomes evident that the era of payments will be digital, decentralized, and supported by blockchain technology. New Zealand-based web3 technology innovator Immersve is headquartered in the country. It aims to bridge the divide between web3 and web2 applications through the use of decentralized protocols, such as smart contracts.

Great and accurate thread from someone who knows their stuff! https://t.co/wg9dsT83RY

— immersve (@immersve) February 23, 2023


As per the information supplied on its website, Immersve is a significant Mastercard network participant. When utilizing its service platform, it is feasible to choose between a centralized or decentralized payment system. Exchanges and decentralized applications (dApps), including web3 wallets and DeFi networks, can interact effectively with Immersve’s application programming interfaces (APIs), enabling them to conduct business anywhere that takes Mastercard.

Mastercard has taken measures to incorporate cryptocurrency into its payment services in light of the growing need for cryptocurrency as a means of payment. Lately, the company formed a partnership with Binance, the biggest cryptocurrency exchange in the market, to introduce a prepaid card in Brazil.

Mastercard has also revealed a web3 incubator in partnership with Polygon to aid emerging artists in engaging with their fans and furthering their careers by utilizing web3 tools and blockchain technology. By enabling consumers to send direct cryptocurrency payments via USDC transactions, the tie-up makes the use of digital currencies for daily transactions easier and readily available. As the finance industry remains to acclimatize to technological advances and progress, we can anticipate additional improvements in this field.

 

Previous Post

Armenotech Facilitates Stellar Blockchain Based Remittances in Philippines

Next Post

Axelar Unveils Virtual Machine Enabling Dapps to Run on Any Blockchain

Related Posts

figure’s-$355m-blockchain-securitization-earns-s&p-ratings

Figure’s $355M Blockchain Securitization Earns S&P Ratings

by Kelly Cromley
Jun 15, 2025
0

Figure Technology Solutions has announced the successful securitization of $355 million in mortgage assets through its latest transaction, designated FIGRE...

d3serve-labs-blockchain-plan-for-domain-transfers

D3Serve Labs Proposes Blockchain Model for Domain Transfers

by Kelly Cromley
Jun 15, 2025
0

D3Serve Labs, operating independently from D3 Global Inc., has submitted a new patent application to the United States Patent and...

daiko’s-virtual-pet-blends-real-dog-care-with-gamified-tech

Daiko’s Virtual Pet Blends Real Dog Care with Gamified Tech

by Kelly Cromley
Jun 15, 2025
0

Daiko, an Ireland-based technology company, has revealed plans to introduce a blockchain-powered Virtual Pet game that aims to bridge the...

tass-hub-ziggy-zeigler-web3-partnership

TASS HUB and Ziggy Zeigler Team Up to Empower Web3 Creators

by Kelly Cromley
Jun 14, 2025
0

TASS HUB, a decentralized Web3 content marketplace built on the Solana blockchain, has announced an exclusive long-term collaboration with Ziggy...

peaq-partners-abu-dhabi-dubai-for-machine-defi

peaq Joins Forces with Abu Dhabi and Dubai to Pioneer “Machine DeFi”

by Kelly Cromley
Jun 14, 2025
0

Abu Dhabi and Dubai have revealed an ambitious plan to establish what is being described as the world’s first fully...

altlayer-t-rex-web3-partnership

AltLayer and T-Rex Unite to Simplify Web3 Access for Billions

by Kelly Cromley
Jun 14, 2025
0

AltLayer, a leading provider in the Rollup-as-a-Service domain, has disclosed its strategic collaboration with T-Rex, a distinctive blockchain platform known...

Next Post
Axelar Unveils Virtual Machine Enabling Dapps to Run on Any Blockchain

Axelar Unveils Virtual Machine Enabling Dapps to Run on Any Blockchain

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

figure’s-$355m-blockchain-securitization-earns-s&p-ratings
Market News

Figure’s $355M Blockchain Securitization Earns S&P Ratings

by Kelly Cromley
Jun 15, 2025
d3serve-labs-blockchain-plan-for-domain-transfers
Market News

D3Serve Labs Proposes Blockchain Model for Domain Transfers

by Kelly Cromley
Jun 15, 2025
daiko’s-virtual-pet-blends-real-dog-care-with-gamified-tech
Market News

Daiko’s Virtual Pet Blends Real Dog Care with Gamified Tech

by Kelly Cromley
Jun 15, 2025
tass-hub-ziggy-zeigler-web3-partnership
Market News

TASS HUB and Ziggy Zeigler Team Up to Empower Web3 Creators

by Kelly Cromley
Jun 14, 2025
peaq-partners-abu-dhabi-dubai-for-machine-defi
Market News

peaq Joins Forces with Abu Dhabi and Dubai to Pioneer “Machine DeFi”

by Kelly Cromley
Jun 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple
  • Ripple News
  • Solana News
  • Tether News
  • XRP

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree