#MastercardStablecoinCards The idea of a “StablecoinCard” Mastercard — a payment card backed by stablecoins (like USDC or USDT) — is becoming more concrete. Here’s where things stand and what it means.
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💳 Mastercard & stablecoins: current status
✅ Ongoing partnerships
• Mastercard is already collaborating with Circle (issuer of USDC).
• It has tested cross-border transactions with USDC on blockchains like Ethereum and Solana.
• In 2023, Mastercard launched the Multi-Token Network (MTN) project to integrate stablecoins and CBDCs into its infrastructure.
🧾 Objective:
• Facilitate fast, global, blockchain-based payments.
• Integrate crypto wallets into daily use: pay with a stablecoin card just as one would pay with a bank account.