Mastercard Introduces Fraud Screening Before Stablecoin Payments Go On-Chain
TL;DR: Mastercard has launched Stablecoin Security, a risk-scoring tool designed to help financial institutions examine payments before and during their movement across blockchains.
Stablecoin transfers can settle quickly. Investigating a suspicious payment before it happens is a much harder task, particularly when the transaction crosses providers, blockchains and traditional banking systems.
Mastercard wants to tackle that problem with Stablecoin Security, introduced at Money20/20 in Las Vegas