Mastercard launches Stablecoin Security tool for fraud screening

On October 19, 2026, Mastercard launched Stablecoin Security at the Money20/20 conference in Las Vegas, offering a risk-intelligence API to screen stablecoin payments for fraud, scams, and sanctions before on-chain settlement. Citing a Bank for International Settlements study showing nearly 60% of 2025 stablecoin transfers were complex multi-step transactions, Mastercard partnered with Start Path alumni Borderless.xyz and Keyrails. The service launches first in North America before global expansion in 2027.

How Stablecoin Security assesses transaction risk

• ▪Mastercard designed Stablecoin Security for financial institutions to assess fraud, scam, and sanctions risks by evaluating fund origins, transaction context, restricted party exposure, and scam indicators before funds move on-chain
• ▪Stablecoin Security delivers risk scores through a platform-agnostic API that integrates directly into financial institutions' existing compliance and fraud systems

Initial partner Borderless.xyz

• ▪Borderless.xyz participated in Mastercard's Start Path blockchain accelerator and an August 2026 Crypto Credential pilot involving Infinia, Walapay, and Koywe
• ▪Mastercard selected Borderless.xyz as an initial partner for the launch of the Stablecoin Security tool
• ▪Borderless.xyz connects financial institutions with licensed stablecoin providers across more than 113 countries and 72 currencies

Initial partner Keyrails

• ▪Keyrails focuses on high-value cross-border trade payments in emerging markets and participated in Mastercard's Start Path accelerator program
• ▪Mastercard selected Borderless.xyz as an initial partner for the launch of the Stablecoin Security tool

Mastercard digital asset expansion

• ▪Mastercard secured a New York BitLicense covering stablecoins and tokenized deposits
• ▪Mastercard stated that Stablecoin Security builds on its existing digital asset risk tools, including Crypto Credential and Crypto Secure