A new initiative from Mastercard, in collaboration with MoonPay, to launch payment cards based on stablecoins like USDC and USDT.
The real meaning:
1. Using digital currencies as a daily payment method:
Cardholders will be able to pay with stablecoins just like with a regular credit card - when shopping in-store, online, or at a restaurant, etc.
2. New security standards and tools
It also involves the launch of new tools, protocols, and standards that will make it easier for developers to secure their code more effectively.
3. Collaboration among leading entities
The initiative brings together players like Vitalik Buterin, cybersecurity companies, and even funds that invest in decentralized projects - to ensure comprehensive network security improvements.
4. Protecting users and investors
With the rise of fraud and hacking, the initiative aims to restore user trust and make Ethereum a safer platform for development and use.
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