The collaboration between Mastercard and MoonPay to issue cards backed by stablecoins like USDC is a notable development, clearly indicating a serious trend towards integrating digital assets into the traditional economy. This type of partnership addresses one of the biggest obstacles to cryptocurrency adoption: ease of use in everyday life.

Will stablecoins be used for daily payments soon?

Yes, but gradually.

The current step facilitates direct spending of stablecoins, opening the door for millions of users to experience cryptocurrency payments without needing to convert them to traditional cash. However, widespread adoption will depend on:

User experience and ease of use.

Stability of regulatory frameworks.

Trust in the infrastructure for custody and security.

Are we close to widespread adoption of cryptocurrencies?