Mastercard and Thunes Bring Stablecoin Payouts to the Mainstream
Collaboration to enable payouts to stablecoin wallets, giving banks, payment providers, and end-users greater choice and flexibility
Mastercard Move already enables payouts to cards, bank accounts, and cash across its global network. Through this alliance with Thunes, it will offer stablecoin wallets as a new endpoint – giving banks and payment providers greater flexibility in delivering funds, while offering end-users more choice in how they receive them.
Key benefits for banks, payment service providers, and end-users include:
- Near Real-Time Payouts: Enable fast transfers to recipients' stablecoin wallets, with 24/7 availability.
- Expanded Choice: Allow banks and payment providers to offer payouts to stablecoin wallets alongside accounts, cards, and cash—unlocking new corridors and business models.
- Financial Inclusion: Broaden payout options, mitigate currency volatility and reduce barriers to promote greater financial inclusion, particularly in underserved markets.
"As digital currencies become a bigger part of global money movement, this collaboration with Thunes reinforces our role as a trusted bridge between traditional and digital finance," said Pratik Khowala, Global Head of Transfer Solutions at Mastercard. "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."
"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," said
This collaboration marks a key milestone in Mastercard Move's commitment to facilitating stablecoin flows for financial institutions and wallets worldwide. It is also a powerful validation of the rapidly accelerating adoption of stablecoin payments for real-world utility. Thunes' recently launched Pay-to-Stablecoin-Wallets solution, which will be integrated into Mastercard Move's network, directly addresses the rapidly growing demand from individuals and businesses worldwide to receive instant, 24/7 payouts in a stable digital currency.
Mastercard Move provides direct disbursers, banks, non-bank financial institutions, and their customers with fast, secure money movement solutions, both domestically and internationally. The portfolio reaches more than 200 markets and 150+ currencies, with access to over 95% of the world's banked population.
About Mastercard
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
About Thunes:
Thunes is the Smart Superhighway to move money around the world. Thunes' proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes' Network connects directly to over 7 billion mobile wallets, stablecoin wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay HK and many more. Thunes' Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes' Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in
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SOURCE Mastercard
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