Circle, Binance, and others join Mastercard's Crypto Partner Program

CoinFeed reported on March 12th, citing Bloomberg, that Mastercard announced a new global partner program, recruiting over 85 digital asset companies, payment service providers, and financial institutions, including Circle, Binance, and Gemini. The program aims to keep crypto payments connected to its network, as stablecoins are being promoted as an alternative to traditional payment methods. Both Mastercard and Visa have had stablecoin plans since 2021 and are betting on becoming integral parts of the companies driving the adoption of stablecoins in everyday payments.