Mastercard Adds Stablecoin Risk Checks for Banks and Payment Firms
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Mastercard has introduced a screening service that uses payment data and blockchain analytics to flag suspicious stablecoin transactions before settlement.
Mastercard has launched a stablecoin risk-screening service for banks and payment providers, according to Cointelegraph.
The offering draws on both payment information and blockchain analytics to identify potentially suspicious activity involving stablecoins.
Screening takes place before transactions settle, giving financial institutions a way to spot possible risks ahead of completion.
Source: Cointelegraph
