BlockBeats News, August 5th, Mastercard will conduct a pilot project with the stablecoin network Borderless to explore whether Mastercard's Crypto Credential standardization framework can provide a compliance signal for cross-border stablecoin payments, helping participants integrate them into their own approval, compliance, and risk processes.Borderless co-founder and CEO Kevin Lehtiniitty stated that Mastercard is applying the trust model of correspondent banking to digital asset payments, with Crypto Credential serving as the governance and validation layer, where Mastercard itself is not involved in fund processing or settlement.