#StablecoinLaw Thanks to the approval of the GENIUS law in the United States, Mastercard and stablecoins could become synonymous in the near future. The payment and card giant recognizes the role of these assets supported by the blockchain. Additionally, the firm emphasizes the importance of other regulatory frameworks such as the European digital assets law MiCA.

The central element of the mentioned work of Mastercard and stablecoins relates to regulations. The firm mentions the role that GENIUS and MiCA will play in Western markets. These laws become the ideal framework for the regulation of digital commerce. Likewise, important regulations from Hong Kong, Singapore, and the United Arab Emirates are included.

Among Mastercard's contributions to the stablecoins sector is its Multi-Token Network, which facilitates interoperability and regulatory compliance. On the other hand, the Mastercard Crypto Credential system is highlighted, which manages settlement, strengthens security, and ensures regulatory compliance. This last aspect is achieved without sacrificing the flexibility or innovation inherent in these assets.