Stablecoins are becoming key components of modern payment infrastructure, offering fast, cheap, and transparent transactions for both businesses and consumers. Below are the main areas of development and application of stablecoins in the payment sector:

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🔹 Main areas of stablecoin development

1. Integration with traditional payment systems

• Visa, in partnership with Bridge (acquired by Stripe), launched stablecoin-linked cards that allow users in Latin America to make purchases in cryptocurrency. These cards are also planned to be implemented in Europe, Africa, and Asia.

• Mastercard introduced the Multi-Token Network (MTN), enabling instant payments and redemptions, allowing partners such as Ondo Finance to use tokenized assets for settlements.  

2. Cross-border and corporate payments

• Circle launched the Circle Payments Network, aimed at improving cross-border transactions using USDC, ensuring transparency and efficiency.