Stablecoin payments are experiencing an unprecedented boom in 2025, supported by strategic partnerships and regulatory and technological developments that enhance their integration into the global financial system. Here are the key updates:

1. Mastercard Leads the Global Transition

Mastercard has launched a comprehensive system to enable the use of stablecoins like USDC in everyday transactions. This initiative includes:

- OKX Card: Allows users to convert their digital assets into payments anywhere Mastercard is accepted, with the ability to withdraw funds to bank accounts via the Mastercard Move service.

- Automatic Settlement for Merchants: Merchants can receive payments in stablecoins regardless of the customers' payment method, facilitating cross-border transactions and reducing costs.

2. Visa Expands in Latin America

In partnership with Bridge (owned by Stripe), Visa has launched a stablecoin payment service in six countries, including Mexico and Argentina. The service allows users:

- To use digital or physical Visa cards to convert stablecoins to local currencies instantly at the point of sale.

- It targets freelancers who receive their salaries in stablecoins, providing them protection from local currency fluctuations.

3. Regulation Supports Widespread Adoption

- The U.S. Congress has approved the GENIUS bill to regulate stablecoins, providing a clear framework for issuance and...