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Mastercard has unveiled new stablecoin payment functionalities, enabling consumers and merchants to transact with digital assets globally. The initiative, backed by partnerships with crypto leaders like OKX and Nuvei, aims to integrate stablecoins into traditional payment flows. This move signals a significant step toward mainstream adoption of crypto in commerce.
- Mastercard's stablecoin initiative enables spending at 150M+ merchants via partnerships with MetaMask, Kraken, and others.
- Crypto Credential simplifies cross-border stablecoin transfers by replacing complex addresses with usernames.
- The Multi-Token Network (MTN) connects traditional deposit accounts to tokenized assets, with JPMorgan and Standard Chartered already exploring its use.
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Other Tags: USDC, Crypto.com, Gemini, Mastercard, Mercado Bitcoin, MetaMask, OKX, Ondo Finance, Paxos, Standard Chartered