Mastercard & Visa Embrace Stablecoins: A New Era for Payments

Mastercards acquisition of BVNK, a stablecoin infrastructure firm, for up to $1.8 billion, positions the card giant as a bridge between its global network and on-chain payments. Visa also capitalizes on stablecoins, with over 160 linked card programs and a 200% YoY payment volume increase. Experts suggest stablecoins complement, not replace, credit cards, offering 24/7 liquidity and boosting fees. Visas stablecoin settlements generate a $7 billion annual run rate, up 50% last quarter. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4234353ef10f21ed

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