Mastercard Launches Stablecoin Payment Solution for Global Merchants

Mastercard has introduced a new solution enabling its vast network of 150 million merchants to accept stablecoin payments, according to Odaily. The payment giant is partnering with Nuvei and stablecoin issuers Circle and Paxos to develop a smooth payment ecosystem. Jorn Lambert, Mastercard’s Chief Product Officer, highlights the company’s belief that stablecoins can streamline both payments and commerce.