Skip to content
Advertisement
Mastercard, Borderless.xyz pilot stablecoin compliance framework for cross-border payments

Mastercard, Borderless.xyz pilot stablecoin compliance framework for cross-border payments

The companies aim to streamline compliance and strengthen trust by providing standardized identity and governance signals across payment networks.

Mastercard Incorporated (MA) price

Full chart and stats

Loading chart…

Market cap
Unavailable: latest SEC share count is older than 200 days
P/E (trailing)
33.5 (EPS to 2026-06-30)
Annual revenue
$32.8B USD (FY ended 2025-12-31) 10-K
Annual revenue growth
+16.4% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
Annual net income
Unavailable: the stored SEC inputs contain a nonzero or conflicting noncontrolling interest share
Annual operating margin
57.6% (FY ended 2025-12-31)
Forward P/E
Unavailable: no dated forecast source

Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.

Mastercard Incorporated and its peers

Company PriceMarket capP/E (trailing)Forward P/EAnnual revenue (USD)Annual revenue growthAnnual net income (USD)Operating margin
Mastercard Incorporated MA · Price dated Oct 27, 2026 · tokenized MAx $610Unavailable33.5Unavailable$32.8BFY ended 2025-12-31 · 10-K+16.4%FY ended 2025-12-31 vs 2024-12-31 · 10-KUnavailable57.6%FY ended 2025-12-31
DoorDash, Inc. DASH · Price dated Oct 27, 2026 $171Unavailable89.3Unavailable$13.7BFY ended 2025-12-31 · 10-K+27.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K935,000,000FY ended 2025-12-31, attributable to the company · 10-K5.3%FY ended 2025-12-31
PayPal Holdings, Inc. PYPL · Price dated Oct 27, 2026 · tokenized PYPLx $56$46.6B10.7Unavailable$33.2BFY ended 2025-12-31 · 10-K+4.3%FY ended 2025-12-31 vs 2024-12-31 · 10-K5,233,000,000FY ended 2025-12-31, attributable to the company · 10-K18.3%FY ended 2025-12-31
MSCI Inc. MSCI · Price dated Oct 27, 2026 $602$43.0B31.8Unavailable$3.1BFY ended 2025-12-31 · 10-K+9.7%FY ended 2025-12-31 vs 2024-12-31 · 10-K1,202,305,000FY ended 2025-12-31, attributable to the company · 10-K54.7%FY ended 2025-12-31

Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.

Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 28, 2026, 4:01 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.

Mastercard and Borderless.xyz  are collaborating on a pilot to evaluate the use of Mastercard Crypto Credential for cross-border stablecoin payments, the companies said Wednesday.

Advertisement

The initiative will explore how verifiable assurance signals can help payment providers assess counterparties and integrate compliance checks into existing risk and approval workflows.

The companies said the project seeks to solve a major operational challenge in stablecoin payments by reducing the need for repeated compliance verification every time a new provider joins a payment network. Mastercard Crypto Credential is designed to provide interoperable standards and governance signals that increase confidence and transparency across blockchain-based financial ecosystems.

The pilot includes Infinia, Walapay, and Koywe, members of the Borderless.xyz network that will test Mastercard Crypto Credential under a single-audit compliance model.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

More in Technology

See all
Previous storyUber profit narrowly beats forecasts as trips surge, but Wall Street isn’t celebrating