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Global Stablecoin Arrangement and Liquidity Network Borderless.xyz announced a partnership with Mastercard to launch a pilot program exploring how to enhance trust and compliance in cross-border stablecoin payments through Mastercard Crypto Credential.The pilot will utilize the standardized framework of Mastercard Crypto Credential to provide verifiable trust signals for stablecoin payment processes, helping participants optimize approval, compliance, and risk management. Participants in the pilot include Infinia, Walapay, and Koywe from the Borderless.xyz network.

According to Cointelegraph, payment giant Mastercard has announced a pilot project with the stablecoin infrastructure network Borderless to explore the use of the Mastercard Crypto Credential standard framework to provide more reliable identity verification and compliance support for cross-border stablecoin payments.Both parties stated that the pilot will test how to provide "trust signals" that can be used for approval, compliance review, and risk management for transaction participants through a standardized certification mechanism, reducing compliance friction in cross-border stablecoin payments.The Mastercard Crypto Credential framework provides identity confirmation and credibility assurance for blockchain transactions through unified standards and verification mechanisms. Kevin Lehtiniitty, co-founder and CEO of Borderless, stated that compliance has always been a major barrier to the scalable development of stablecoin payments, and Mastercard is attempting to apply the compliance trust model from traditional finance to the digital asset payment space. He pointed out that the Mastercard Crypto Credential will serve as a governance and verification layer in this pilot, but Mastercard will not directly handle or settle funds. This collaboration is the latest move in Mastercard's ongoing strategy in the stablecoin space.Previously, Mastercard had just completed the acquisition of stablecoin infrastructure company BVNK for approximately $1.8 billion, further strengthening its infrastructure layout in the digital asset payment field. In June of this year, Mastercard also announced plans to expand its settlement capabilities to support round-the-clock card payment settlements using stablecoins, including USDC issued by Circle, PYUSD, USDG, USDP issued by Paxos, and RLUSD issued by Ripple.The market believes that as stablecoins gradually enter cross-border payment scenarios, identity authentication, compliance verification, and risk control infrastructure will become important factors driving institutional adoption.

According to official news, Mastercard has announced the completion of its acquisition of the stablecoin infrastructure company BVNK to enhance its global stablecoin service capabilities. Mastercard's Chief Product Officer stated that in a multi-currency world where various values coexist, including fiat currencies, stablecoins, and tokenized deposits, the next generation of payment models will be determined by the efficiency of connections across different rails. BVNK's on-chain infrastructure and stablecoin-native technology will help financial institutions, fintechs, and enterprises expand stablecoin application scenarios such as cross-border B2B payments, remittances, settlements, and cash flows.Previously, in March, it was reported that Mastercard planned to acquire BVNK for up to $1.8 billion.

According to Jinshi reports, Mastercard (MA.N) stock price rose by 3%, and its second-quarter profit exceeded market expectations.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Dota 2: Team Syntax vs. Nemiga Gaming - EPL Masters Group A," the "Yes" option in the sub-market "Ends During the Day" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90.5% (a fluctuation of 40.5%). Please note the impact of relevant breaking news.

OneBullEx officially launched the OneBullEx Mastercard in July, further expanding the application of digital assets in everyday payment scenarios. Users can convert USD T in their accounts to USD balance on the card and make online and offline purchases in over 100 countries and regions that support Mastercard, while also supporting quick card issuance in minutes.With the product launch, OneBullEx simultaneously introduced a limited-time benefit event. From July 27 at 18:00 to August 23 at 18:00, users who recharge more than 100 USDT (excluding card issuance fees) within 7 days after opening the card and complete their first valid transaction can participate in the launch event.By launching the OneBullEx Mastercard, OneBullEx is further connecting AI smart trading, digital asset management, and global payment scenarios, promoting the extension of digital assets from trading tools to everyday financial applications, providing users with a more convenient and efficient digital asset usage experience.

According to The Block, the Linux Foundation has officially established the x402 Foundation, governed by a structure of 40 member companies, with Coinbase having completed its contribution to the protocol. Founding members include Ripple, Visa, Mastercard, American Express, Stripe, Adyen, Fiserv, Shopify, Google, AWS, Cloudflare, as well as Circle, MoonPay, the Solana Foundation, and the Stellar Foundation.The protocol allows servers to respond to requests with a 402 response and pricing, while clients sign stablecoin transfers (usually USDC) and resend requests for data, without the need for accounts, credit cards, or prior relationships between the parties, making it inherently adaptable for AI agent applications. Previously in April, it was reported that the neutral internet payment protocol x402, incubated by Coinbase, would migrate under the Linux Foundation and operate in the form of an independent foundation called the "x402 Foundation."

According to Bloomberg, dozens of financial institutions, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, plan to jointly launch a new stablecoin called OUSD, which will adopt a business model of shared revenue among partners.

On Wednesday, the U.S. House Financial Services Committee held a hearing to discuss the changing roles of banks and fintech companies, with one focus being the "streamlined master account" proposal that the Federal Reserve is considering, which would allow certain crypto banks and fintech companies limited direct access to the Federal Reserve's payment system. A Federal Reserve master account allows financial institutions to directly use the Federal Reserve payment network and gain the most direct access to the U.S. dollar monetary system. Institutions without this account typically need to rely on partner banks that have master accounts to provide services.The so-called "streamlined account" is a limited-function version intended to provide limited access for new financial institutions. Republican Congressman Dan Meuser stated at the hearing that access to the Federal Reserve payment system is no small matter, and the core issue is which institutions should be allowed to directly use these critical payment channels. Traditional institutions like community banks are concerned that crypto and fintech companies are not subject to equally stringent regulation, and direct access could pose risks to security and stability. The crypto industry generally supports the proposal, arguing that direct access to the Federal Reserve payment system should have been opened long ago, as it would help reduce reliance on intermediary banks and promote innovation.In May of this year, Trump also signed an executive order requiring the Federal Reserve to assess policies for opening central bank payment channels to fintech companies, including crypto companies. Previously, the Kansas City Federal Reserve had approved Kraken's parent company Payward for a "limited purpose account" in March, sparking discussions in the market about the extent to which crypto and fintech companies should have direct access to Federal Reserve services. A representative from Anchorage Digital stated at the hearing that if the U.S. wants to continue as a global financial center, it needs to allow for innovative federal and state regulatory frameworks.

According to monitoring by Catcher Predict, in the event "Valorant: Paper Rex vs Leviatán Esports - VCT Masters London Playoffs" on the prediction market Polymarket, the "Paper Rex" option in the sub-market "Map 4 Winner" has experienced a drastic fluctuation in win rate, plummeting from 55.5% an hour ago to the current 11% (a fluctuation of 44.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Dplus KIA Challengers vs T1 Academy - Asian Masters Playoffs," the "Odd" option in the sub-market "Total Kills Odd/Even" has experienced a dramatic fluctuation in win rate, soaring from 51% an hour ago to the current 90.5% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the event "LoL: T1 Academy vs KT Rolster Challengers - Asia Masters Playoffs" on the prediction market Polymarket, the "Match Winner" sub-market option "T1 Academy" has experienced a dramatic fluctuation in win rate, dropping from 69.5% an hour ago to the current 28.5% (a fluctuation of 41%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: KT Rolster Challengers vs Nongshim Esports Academy - Asian Masters Playoffs," the "Yes" option win rate for the sub-market "Both teams kill a dragon" has experienced a dramatic fluctuation, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Dplus KIA Challengers vs T1 Academy - Asia Masters Playoffs," the "Yes" option in the sub-market "Both teams kill Baron Nashor" has experienced a dramatic fluctuation in win rate, soaring from 49.5% an hour ago to the current 73% (a fluctuation of 23.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Nongshim Esports Academy vs T1 Academy Asian Masters Playoffs," the "Odd" option in the sub-market "Odd/Even Total Kills" has experienced a dramatic fluctuation in win rate, soaring from 49.5% an hour ago to the current 90% (a fluctuation of 40.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the event "LoL: KT Rolster Challengers vs Dplus KIA Challengers - Asia Masters Playoffs" on the prediction market Polymarket, the "Odd" option in the sub-market "Total Kills Odd/Even" has experienced a dramatic fluctuation in winning probability, soaring from 50.1% an hour ago to the current 95% (a fluctuation of 44.9%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Valorant: Team Vitality vs FUT Esports - VCT Masters London Playoffs," the "Map 3 Total Rounds: Over/Under 22.5" sub-market's "Over" option win rate has experienced a sharp fluctuation, dropping from 70.5% an hour ago to the current 50% (a fluctuation of 20.5%). Please note the impact of related breaking news.

According to official news, Gate will launch the TradFi CFD Gold Master Tournament event from June 11 at 18:00 to July 11 at 18:00 (UTC+8). During the event, users can sign up and participate in trading TradFi CFD related assets such as gold, silver, crude oil, foreign exchange, US stocks, and indices, giving them the chance to participate in the Gold Master Trading Leaderboard, Yield Master Leaderboard, and the Gold Lucky Bag hourly lottery event, sharing leaderboard rewards equivalent to a maximum of 500,000 USDT and a total of 1,020g gold rewards.In addition, new users who open positions in the CFD sector for the first time, complete their first CFD transaction, and have a position amount reaching 1,000 USDx can also receive a 200 USDx CFD position experience voucher. Users can obtain lottery qualifications for the Gold Lucky Bag after completing tasks such as trading, inviting friends, or VIP upgrades; users at VIP5 and above can also participate in exclusive gold lotteries and daily free lottery opportunities in the regular session to win additional gold rewards.