Mastercard has announced a partnership with Nuvei, Circle, and Paxos to enable merchants on its network to accept payments in stablecoins. This collaboration will offer 150 million merchants the flexibility to receive payments in stablecoins, regardless of the customer's payment method. Additionally, Mastercard has teamed up with OKX to introduce a crypto-enabled bank card, allowing consumers to spend stablecoins and merchants to accept them seamlessly. The company's product chief emphasized the growing mainstream use cases for blockchain technology and the importance of simplifying stablecoin transactions for both merchants and consumers. With the stablecoin market surpassing $230 billion and active stablecoin wallets increasing by over 50% in the past year, Mastercard aims to facilitate the integration of stablecoins into daily transactions, anticipating a market value of $3.7 trillion by 2030. Read more AI-generated news on: https://app.chaingpt.org/news