Mastercard announces its membership in the stablecoin alliance Global Dollar Network, increasing support for PayPal and Fiserv tokens

according to Fortune, Mastercard has announced its participation in the Global Dollar Network, a stablecoin alliance initiated by institutions such as Paxos, to jointly mint and share interest income from the USDG stablecoin, which is linked to U.S. Treasury bonds. At the same time, Mastercard will also support PayPal's PYUSD and Fiserv's FIUSD stablecoins, integrating them into the Mastercard Move cross-border payment network.