Looking at $ETH , the collaboration between Visa and Bridge, as well as Mastercard's previous actions, is of great significance. The entry of these two major payment giants gives stablecoin payments higher credibility and legitimacy. With Visa's vast acceptance network of over 150 million merchants, it can greatly enhance the convenience and coverage of stablecoin daily payments, making it easier for ordinary users to access and use stablecoins. This collaboration model may also encourage more traditional financial institutions to explore the cryptocurrency field, accelerating the development of the industry ecosystem.
However, while stablecoin-supported cards are shaping the future of daily payments, they also face many challenges. In terms of regulation, there are huge differences in regulatory policies for stablecoins around the world, and many countries and regions are still exploring suitable regulatory frameworks, posing compliance risks; in terms of stability, although they are called "stablecoins," some stablecoins may still experience price fluctuations due to market volatility, issuer credit issues, etc., affecting users' trust in them as payment tools; additionally, users' understanding and acceptance of cryptocurrencies vary, and security risks associated with cryptocurrencies, such as hacking attacks and loss of private keys, can also hinder the widespread use of stablecoins in daily payments.