Mastercard begins to bury the old banking system... stablecoins are officially entering the heart of the global economy.
Mastercard announced the use of stablecoins like USDC. This is not a temporary experiment. What is happening is the formal introduction of stable digital currencies into the global financial system within approved payment networks.
Stablecoins are no longer a speculative tool, but have become a recognized settlement method. Mastercard is now working with companies like Circle, Paxos, and Nuvei to provide infrastructure that enables direct digital payment and settlement.
The step was taken after a thorough legal and regulatory study. Mastercard is a company that is subject to strict global financial oversight and only acts when the regulatory framework is clear. The existence of legislation like MiCA in Europe and stable laws being enacted in America means that stablecoins have become almost official in the eyes of institutions.
The main reason for adopting stablecoins is not only technical but functional, as blockchain transfers are faster, cheaper, and occur without intermediaries. SWIFT takes days. Stablecoins execute transfers in minutes. Most importantly, these payments are programmable — they can be tied to conditions and smart contracts. No bank can offer this.
Mastercard knows that the future lies in this type of money. That is why it has started building the necessary infrastructure for direct digital settlements, instead of relying on the traditional banking system. This trend means that the role of banks in transfers and payments will decrease, especially in cross-border payments.
From now on, merchants will start accepting stablecoins, and users may not even notice it, as the settlement happens in the background. The user pays, and the merchant receives USDC. No need for banks, no need for currency conversion.$BNB
This is the beginning of the transition from slow and complex money to instant and programmable digital money.
If you are not building, investing, or moving within this change, you will be affected by it later without having any influence.
