PYUSD

Mastercard has expanded its support to include USDC, PYUSD, and RLUSD stablecoins, enabling new settlement options across multiple blockchains. The payments giant will now facilitate transactions using these stablecoins on various blockchain networks.

Mastercard expanded its stablecoin settlement options to include USDC, PYUSD, and RLUSD, enabling intraday, weekend, and holiday card settlements across its payments network.

Solana processed over $171 billion in peer-to-peer stablecoin volume across USDC, USDT, PYUSD, and USDG through 10.94 million transactions in April, signaling a rise in payment velocity. This marks the highest transaction count on record for Solana. The growth indicates an increase in payment activity on the platform.

A developer has launched PegCheck, a real-time stablecoin depeg monitoring API with support for 8 major stablecoins and data from over 1,000 sources. The API offers features like median pricing, webhook alerts, and price history, with a 30-day free trial available for beta testing.

Twelve European banks under the Qivalis Ventures consortium are developing a MiCA-compliant Euro stablecoin, expected to launch in November 2026. The stablecoin will allow tracking, freezing, and seizing user assets under AML/KYC laws, as European institutions grow wary of USD stablecoins like USDC and USDT.