Mastercard Expands Stablecoin Capabilities with New Partnerships
- Mastercard announced end-to-end capabilities for stablecoins on April 28.
- The firm has partnered with MetaMask, Kraken, and other crypto exchanges.
- Collaborations also include merchants like Nuvei, Circle, Paxos, and OKX.
- The stablecoin market capitalization is currently $238 billion.
- Tether’s USDT and Circle’s USDC are dominant in the market.
Mastercard is enhancing its stablecoin capabilities through strategic partnerships with crypto firms and merchants to support adoption and integration of these digital assets. The current stablecoin market is valued at $238 billion, with Tether’s USDT and Circle’s USDC leading the space.
Source (2.6)https://coingape.com/mastercard-unveils-new-solution-to-power-stablecoin-transactions/?rand=24432
