Mastercard Introduces Comprehensive Stablecoin Payment Solution

According to Odaily, Mastercard has announced the launch of a comprehensive stablecoin payment solution, enabling its global network of 150 million merchants to accept stablecoin payments. The payment giant is collaborating with payment processor Nuvei and stablecoin issuers Circle and Paxos to create a seamless payment ecosystem. Jorn Lambert, Mastercard's Chief Product Officer, expressed the company's belief in the potential of stablecoins to simplify payments and commerce.