Mastercard is bringing Fiserv’s brand-new stablecoin to its global payments network, as cryptocurrency adoption picks up steam across traditional finance. The companies said Tuesday they would issue stablecoin-linked cards for shared customers and enable merchants to settle with Mastercard using Fiserv’s new stablecoin FIUSD,

Mastercard said it was expanding its relationship with Fiserv to promote the financial tech company's planned stablecoin, FIUSD.

Mastercard Inc. said it’s working to weave Fiserv Inc.’s FIUSD stablecoin into a range of its payment products. It’s another traditional financial firm jockeying for a seat at the table as cryptocurrencies become more mainstream.