Mastercard Recruits Binance, Ripple and PayPal for Crypto Partner Program

Mastercard said Wednesday that it has launched the Crypto Partner Program, a global initiative uniting over 85 crypto-native companies, payment providers, and financial institutions.

The program reflects a growing recognition that digital assets are moving beyond speculation and into practical applications, it said—such as cross-border remittances, business-to-business transfers, and settlement—often integrated quietly into existing financial infrastructure.

The payments giant has tapped many of the largest companies in the crypto world, with an announcement video showcasing industry giants like crypto exchanges Binance, Crypto.com, Bybit, and Gemini, as well as XRP-linked payments firm Ripple, USDC stablecoin issuer Circle, and payments companies MoonPay and PayPal.

Other partners include the teams linked to the blockchain networks Solana, Avalanche, Aptos, and Polygon, along with firms like Anchorage Digital, Nexo, Paxos, and SoFi. Crypto analytics and intelligence firms like Elliptic and TRM Labs are also on the list.

“Through the program, participants will engage with Mastercard teams on the design and direction of future products and services, including solutions that aim to bring the speed and programmability that digital assets offer together with established card rails and global commerce flows,” an official blog post reads.

This initiative builds on Mastercard’s existing digital asset efforts, including its Start Path blockchain track, Engage platform, and Crypto Card program. Going forward, Mastercard said it aims to bridge on-chain innovation with its established global payments infrastructure, to ensure that emerging technologies integrate smoothly into everyday commerce.