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Mastercard Rolls Out Stablecoin Payments Worldwide—Partners with Circle and Paxos
Mastercard Rolls Out Stablecoin Payments Worldwide—Partners with Circle and Paxos
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Global payments giant Mastercard just flipped the switch on stablecoin acceptance at merchants worldwide. Teaming up with Circle (USDC issuer) and Paxos (regulated crypto infrastructure), this move effectively bridges fiat and crypto rails—just as central banks start sweating about relevance.
Key details:
- Supports USDC and other approved stablecoins
- Instant settlement cuts traditional banking middlemen
- Compliance baked in via Paxos’ regulatory chops
Funny how legacy finance now races to adopt the very tech it mocked three years ago. Maybe those ’stablecoins are a fad’ reports should’ve been printed on more durable paper.
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