Mastercard is expanding its payout network through a partnership with Thunes that enables direct transfers to stablecoin wallets.
The collaboration, announced at the Singapore Fintech Festival, will integrate Thunes’ Direct Global Network with Mastercard Move to support near real-time payouts using regulated stablecoins.
Mastercard Move currently supports payouts to cards, bank accounts and cash across more than 200 markets and 150 currencies, reaching over 95% of the world’s banked population.
Adding stablecoin wallets gives banks, payment providers and end-users another option for sending and receiving funds, particularly in markets with limited access to traditional channels.
Thunes’ recently launched Pay-to-Stablecoin-Wallets solution will be integrated into Mastercard Move.
Both companies said the feature reflects growing demand for faster, round-the-clock settlement and may help recipients manage currency volatility when receiving digital funds.
Mastercard added that the expansion aligns with increasing interest in using digital currencies for everyday transfers and cross-border payouts.
“With Mastercard Move, we already enable transfers in 150 currencies to over 10 billion endpoints—including accounts, cards, and cash. With this collaboration we’re adding stablecoin wallets to that mix.
It’s all about giving end-users more choice and unlocking new possibilities for banks and payment service providers as digital currencies continue to grow.”
said Pratik Khowala, Global Head of Transfer Solutions at Mastercard.
“Collaborating with Mastercard Move to enable stablecoin payouts is another step forward in our mission to enable the next billion end users to take part in the global economy.
By adding Thunes’ trusted Direct Global Network and Pay-to-Stablecoin-Wallets solution to their network and money movement capabilities, Mastercard is delivering faster and more inclusive payment options for individuals and businesses worldwide.”
said Chloe Mayenobe, President and Chief Operating Officer at Thunes.
Featured image: Edited by Fintech News Singapore, based on image by noob via Freepik
