TLDR
- Mastercard launched a crypto partner program with more than 85 companies.
- The program targets payouts, settlement, and cross-border money movement.
- Polygon said it was selected for Mastercard’s crypto partner program.
- Mastercard said the program links onchain innovation with global payment rails.
Mastercard has launched a new crypto partner program as digital assets move into practical payment use cases. The company said the initiative will support real world payments growth across global markets.
The program brings together more than 85 crypto firms, payment providers, and financial institutions. Mastercard said the focus is on payments, payouts, settlement, and cross-border money movement.
Mastercard expands crypto strategy with new partner network
Mastercard said digital assets are entering a new phase, and the change is tied to practical business needs. It said blockchain tools are now being applied to real payment problems, often in the background.
The company announced the Mastercard Crypto Partner Program as a global forum for collaboration. It said the group will help shape future products and services as the market develops.
Raj Dhamodharan, executive vice president for digital asset, blockchain products and partnerships at Mastercard, was named in the announcement. Sherri Haymond, executive vice president for digital commercialization, was also listed.
Mastercard said the program is built for companies that are already working on chain. It said participants will share expertise with Mastercard teams, and both sides will exchange insights.
Focus turns to cross-border transfers and enterprise payment use cases
Mastercard said enterprise and institutional use cases are gaining traction across the digital asset sector. It pointed to payouts, settlement, and cross-border transfers as areas where activity is growing.
The company said these use cases create new ways to improve how money moves globally. It added that the goal is to connect the speed of digital assets with trusted payment infrastructure.
According to Mastercard, the program is designed for practical execution and broad deployment. It said the aim is to turn technical tools into compliant services that work across markets.
The company also said future solutions may combine programmability from digital assets with established card rails. That approach would allow newer systems and existing commerce networks to work together.
Polygon joins as Mastercard links onchain tools with payment rails
Polygon said it was proud to be chosen for Mastercard’s Crypto Partner Program. In a post on X, the network said it would connect its onchain infrastructure to trusted global payments.
The company also said it is working with partners across the ecosystem to support standards and responsible growth. Its statement aligned with Mastercard’s focus on coordination across the sector.
Mastercard said the new program builds on earlier efforts in digital assets. It pointed to its Start Path track for blockchain companies and its Engage platform, which includes a Crypto Card program.
The company said it will continue to focus on trust, standards, and scale as digital asset technology matures. It added that the aim is to ensure that newer onchain payment systems work with existing financial networks.
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