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Mastercard has announced a partnership with Fiserv to integrate its FIUSD stablecoin into its payment ecosystem, marking a significant step toward mainstream adoption of stablecoins. The move follows Circle’s successful IPO and comes as lawmakers consider stablecoin regulations. This collaboration could revolutionize global payments by bridging traditional finance and digital assets.
- Mastercard will integrate Fiserv’s FIUSD stablecoin, enabling 150M+ merchants to use it for payments.
- The partnership explores global stablecoin settlements and stablecoin-powered cards, following collaborations with MoonPay and Circle.
- The GENIUS Act, nearing potential passage, could establish federal stablecoin regulations, boosting TradFi adoption.
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Related Tags: Circle Coinbase Global Inc. Stablecoin
Other Tags: US Dollar, Bank of America, James Rubin, Mark Palmer, OKX, PayPal, Mastercard, MoonPay, Shopify, TradFi