Kima, a decentralized settlement protocol, has partnered with Mastercard to allow stablecoin-powered top-ups for prepaid cards directly from self-custody wallets. This integration enables Mastercard partners to utilize Kima's settlement infrastructure for topping up prepaid cards with stablecoins like USDC and Tether's USDt across various blockchains. Kima's CEO, Eitan Katz, emphasized the practicality of stablecoins for everyday use, aiming to simplify crypto-to-fiat conversions and enhance crypto usability. The settlement system is described as asset-agnostic, supporting cross-ecosystem payments and aligning with Mastercard's goal of mainstream stablecoin adoption. Despite institutional partnerships, Katz highlighted the importance of user control and compliance, ensuring that keys are kept under users' control while maintaining regulatory standards. Kima's innovative approach has also caught the attention of the European Central Bank, positioning the protocol as a key player in digital euro innovation. Read more AI-generated news on: https://app.chaingpt.org/news

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