Mastercard has joined the XRP Ledger Hackathon in New York as a sponsor, according to XRPL Commons. The 36-hour event is scheduled for Oct. 24-25 before Ripple’s Swell conference.
The hackathon will focus on protocol development, agentic finance and lending. Mastercard’s participation follows earlier work involving regulated stablecoins and settlement infrastructure connected with the XRP Ledger.
In June, Mastercard said it would broaden settlement capabilities to regulated stablecoins, including Ripple USD, or . Those plans cover several networks, including the XRP Ledger.
Ripple and Mastercard had also announced an initiative with WebBank and Gemini. The companies are exploring RLUSD-based settlement for card transactions on the XRP Ledger. That project remains exploratory and does not represent a confirmed commercial rollout. At the same time, XRP remains below the breakout zone that traders continue to watch.
