The current #MastercardStablecoinCards facilitates direct spending of stablecoins and opens the door for millions of users to experience payments with cryptocurrencies without the need to convert them to traditional cash. However, widespread adoption will depend on:

User experience and ease of use.

Stability of legal regulations.

Trust in the infrastructure for asset custody and security.

Are we close to widespread adoption of cryptocurrencies?

Technically, we are close, but there are regulatory and psychological gaps.

Despite the availability of technology, challenges remain:

Regulatory bodies in many countries have not established clear frameworks for dealing with these assets.

The average user still views cryptocurrencies as a speculative tool rather than a means of payment.

Price volatility (although lower in stablecoins) remains a concern for some.

In summary:

What is happening now is a "rehearsal" for broader adoption. If this model succeeds – and is accepted, seamless, and secure.