Hashgraph joins Mastercard's Crypto Partner Program to enable cross-border payments and enterprise digital asset settlement.
AI & Agents ·
Hashgraph has joined Mastercard's Crypto Partner Program, positioning the distributed ledger platform to support cross-border payments, business-to-business transactions, and enterprise digital asset settlement. The partnership aligns with industry momentum to modernize international payment infrastructure, where blockchain rails and stablecoins are increasingly challenging the incumbent correspondent banking model that has dominated for decades.
Cross-border payments currently move roughly $150 trillion annually in wholesale flows plus several trillion more in consumer remittances, yet remain costly and slow. The existing system routes payments through multiple intermediaries—each collecting fees, applying foreign exchange spreads, and introducing delays measured in days—with retail transfers averaging 6–7% in total cost. Stablecoins and tokenized settlement rails eliminate many of these friction points by settling transfers on-chain in seconds without requiring correspondent bank relationships.
What remains unclear is how Hashgraph will differentiate within Mastercard's program or the timeline for production deployments. The partnership announcement does not specify which use cases will launch first or whether integration with Mastercard's existing payment network is planned.