Visa and Mastercard are enabling USDC payments in about 200 countries to expand stablecoin settlements. Through the networks of these two card organizations, Visa and Mastercard allow payments to go through the USD-pegged stablecoin channel issued by Circle, no longer relying solely on correspondent banking networks. Previously, in June 2026, Mastercard expanded stablecoin settlement support to include USDC, PYUSD, RLUSD, and SoFiUSD.