Visa and Mastercard, two of the largest payment processing companies in the world, express skepticism regarding the current enthusiasm surrounding stablecoins as a viable option for everyday transactions. They believe that the existing infrastructure and traditional financial systems may still be more reliable and efficient for consumers, making them cautious about fully embracing stablecoins for regular payment activities.
source: https://www.coindesk.com/business/2026/01/30/visa-and-mastercard-aren-t-buying-the-stablecoin-hype-for-everyday-payments