Mastercard Insider Predicts What Comes Next After Big Stablecoin ‘Turning Point,’ Says Company Has Been Preparing for Years

Description

A top Mastercard executive says that the payments giant is gearing up for stablecoins to make a big impact on the global financial system. In a new blog post, Mastercard’s executive vice president and head of global policy, Jesse McWaters, says that the company welcomes the recently passed stablecoin regulation, not only in the US with the GENIUS Act , but also in Europe with the Markets in Crypto-Assets (MiCA) framework. While many view stablecoins as a threat to payments giants like Mastercard...