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Mastercard’s Partnership with Ripple Confirmed after GENIUS Bill Becomes Law

2025-07-21 06:22:22

Mastercard’s Partnership with Ripple Confirmed after GENIUS Bill Becomes Law

Main Idea

Mastercard's partnership with Ripple has been confirmed following the passage of the GENIUS Act, highlighting Ripple's role in institutional adoption and regulatory clarity in the blockchain and payments industries.

Key Points

1. The GENIUS Act, signed into law by President Donald Trump on July 18, provides a comprehensive regulatory framework for the U.S. payments and blockchain industries.

2. Mastercard publicly acknowledged its preparation for the GENIUS Act, signaling its engagement with blockchain firms like Ripple, Consensys, Fluency, and Fireblocks.

3. Ripple's inclusion in Mastercard's ecosystem reflects its role in institutional adoption, alongside other enterprise-grade blockchain providers.

4. The GENIUS Act clarifies regulatory requirements for issuing U.S. dollar-linked digital assets, positioning Mastercard to expand its work in crypto and fiat-linked sectors.

5. The partnership underscores the integration of blockchain technology with traditional financial infrastructure, particularly in central bank digital currency (CBDC) initiatives.

Description

Following the passage of the GENIUS Act and its signing into law by President Donald Trump on July 18, renewed attention is being given to the evolving relationship between digital asset firms and traditional financial networks. A recent tweet from Mastercard News acknowledged the company’s preparation for this “new era of clarity and confidence in digital assets.” Mastercard stated it has been actively working across the crypto and traditional finance ecosystems to understand how stablecoins ca...

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Cryptocurrency News Mastercard Ripple XRP

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