#MastercardStablecoinCards
Mastercard announced a new partnership with "MoonPay" to launch payment cards that allow people to spend stablecoins like USDC at over 150 million merchants worldwide, anywhere Mastercard is accepted. This step represents a strong push for the adoption of crypto in daily life and confirms that there is fierce competition between it and Visa in this field.
But the question is, are people really close to adopting crypto on a daily basis?
The answer, in short, is no, but we are getting closer.
About 6.8% of the world's population owns crypto, which is not a small number, but it's not enough to make crypto a daily payment method. The problem is that most merchants still do not accept cryptocurrency payments directly and resort to converting currencies immediately into regular money.
Also, the regulations in many countries are still unclear or unstable, which makes large companies hesitant to enter the field strongly. And although the infrastructure is developing, the experience is still not smooth enough.
However, it is clear that the general trend is moving in this direction, and with steps like this from Mastercard, we might see broader adoption within two to three years.
So we can say that crypto has already entered the field, but it is still warming up.