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BlockBeats News, December 16, according to Coinedition, Mastercard announced a strategic alliance with the Abu Dhabi ADI Foundation to expand stablecoin settlement and tokenized asset applications in the Middle East. It will support domestic and international cross-border transactions through stablecoin settlement, launch stablecoin-linked payment cards, explore tokenized real-world asset use cases, and provide digital asset support for remittances and B2B trade processes.

Mastercard stated that this move aligns with the UAE's goal of becoming a center for digital assets and blockchain infrastructure, providing banks, fintech companies, merchants, and consumers with faster settlement speeds, clearer transaction visibility, and more resilient payment processes.