# Mastercard CEO: Stablecoins Fix Cross-Border Payments

> Mastercard CEO says stablecoins solve cross-border payment delays.
- Title: Mastercard CEO: Stablecoins Fix Cross-Border Payments · Pymnts
- Summary: Mastercard CEO says stablecoins solve cross-border payment delays. Mastercard CEO Michael Miebach states stablecoins address cross-border payment delays by…
- Keywords: mastercard, stablecoins, cross-border payments, open standard, ousd, borderless.xyz, bvnk, business, finance, CEO, Fix, Cross-Border
- Source: Pymnts — https://pymnts.com/news/cross-border-payments/2026/mastercard-ceo-says-stablecoins-solve-cross-border-payment-delays
- Author: PYMNTS
- Published: 2026-10-09T16:47:10+00:00
- Read time: 1 min
- Topics: mastercard, stablecoins, cross-border payments, open standard, ousd, borderless.xyz, bvnk, business, finance
## Mastercard CEO says stablecoins solve cross-border delays
Mastercard CEO Michael Miebach states stablecoins address cross-border payment delays by enabling instant transfers with lower costs and currency stability.

> From a working capital perspective for a company, if you could move the money instantly, it would be so much better
## Mastercard backs Open Standard and OUSD
Mastercard supports Open Standard and its dollar-backed stablecoin OUSD, which is live with four integration paths including Stripe, Coinbase, and Visa.
## Stablecoins boost cross-border B2B transfers
Cross-border B2B transfers use stablecoins for speed, cost, and currency exposure, settling in seconds at a fraction of traditional wire transfer costs.
## Mastercard partners with stablecoin networks
Mastercard launched a partnership with Borderless.xyz to examine cross-border stablecoin payments and acquired BVNK to enable interoperability across fiat and digital currencies.
## Key takeaway

Mastercard CEO Michael Miebach states stablecoins address cross-border payment delays by enabling instant transfers with lower costs and currency stability.