Mastercard Sees 21% Profit Surge on Stablecoin Strategy

Mastercard reported a 21% year-over-year jump in net income for Q2 2026, reaching $4.60 adjusted earnings per share and $3.9B in net income.

The payments giant is shifting its focus from traditional card settlements to on-chain settlements using regulated stablecoins, specifically USDC and PYUSD.

This move enables merchants to receive settlement in stablecoins instead of waiting for traditional fiat rails to clear, which can take place even on weekends or holidays.

Mastercard's acquisition of BVNK, a stablecoin infrastructure firm, is set to reach up to $1.8B, and its Crypto Partner Program has already attracted over 85 participants, including Binance and PayPal.