Mastercard Embraces Ripple’s Stablecoin Experiment with Pilot Program

Mastercard has voiced its enthusiasm about the potential of Ripple’s stablecoin initiative, signaling a major shift in how payments are processed. The company responded to Ripple’s recent announcement about a pilot program using their U.S. dollar-backed stablecoin on the XRP Ledger for fiat credit-card transactions, indicating their full embrace of the technology’s potential for their global payments network.