#StablecoinPayments
** Visa and Mastercard Accelerate Stablecoin Payments **
Visa and Mastercard are aggressively moving to integrate stablecoins, particularly * USDC *, into their global payment networks.
Recent announcements highlight significant steps towards enabling widespread use of these digital currencies for everyday transactions.
Visa has partnered with Bridge to introduce stablecoin-linked cards, initially available in Latin America (Mexico, Argentina, Colombia, Ecuador, Peru, and Chile) starting of April 30, 2025.
These cards will allow users to spend their stablecoin balances, including USDC, at any of the millions of merchants worldwide that accept Visa.
Bridge's technology handles the conversion of stablecoins to local fiat currency at the point of sale. Visa aims to expand this program to Europe, Africa, and Asia in the coming months.
Mastercard is also expanding its stablecoin capabilities, focusing on USDC as a key stablecoin for payments.
They are partnering with major crypto platforms like MetaMask, Binance, and OKX to allow consumers to use stablecoins, including USDC, through their traditional Mastercard cards at over 150 million merchant locations globally.
Furthermore, Mastercard is enabling merchants to receive payments directly in USDC through collaborations with Nuvei and Circle. Mastercard's initiatives are already underway as of late April 2025.
These developments signify a major push towards mainstream adoption of stablecoins like USDC, offering users greater flexibility and choice in how they spend and manage their digital assets across a wide range of merchants and geographies.