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

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.