Circle, Binance Join Mastercard’s Crypto Partner Program

Mastercard Inc. is recruiting more than 85 digital asset firms, payments providers and financial institutions including Circle Internet Group Inc., Binance and Gemini Space Station Inc., into a new global partnership program designed to keep crypto payments connected to its network as stablecoins are pitched as an alternative to traditional payment rails.

The program’s aim is to help scale digital assets and integrate them into existing payment systems, the company said in a release Wednesday.