币界网报道：Paxos has partnered with Mastercard to launch a new program enabling faster and more cost-effective stablecoin transactions. The collaboration will leverage Mastercard's crypto credential system to facilitate secure peer-to-peer stablecoin transfers, initially focusing on USDC transactions. Paxos will issue the stablecoins while Mastercard provides the network infrastructure, aiming to bridge traditional finance with digital assets. The program is expected to launch later in 2024, targeting both retail and institutional users seeking efficient cross-border payments. This marks Mastercard's continued expansion into blockchain payments following previous crypto card partnerships, while Paxos strengthens its position as a regulated stablecoin issuer after recently launching its own PayPal-backed stablecoin. The initiative highlights growing institutional interest in leveraging stablecoins for real-world financial applications.