#CryptoClarityAct 🪙 Mastercard is actively implementing infrastructure for the global use of stablecoins as a means of fast, cheap, and secure digital payments.
🌎 Mass adoption has become possible thanks to:
— legal clarity (GENIUS laws in the USA, MiCA in the EU, regulation in Singapore, Hong Kong, and the UAE);
— development of technical infrastructure (security, cross-platform compatibility, user protection);
— products from Mastercard: Multi-Token Network and Crypto Credential, which simplify settlements and compliance.
🗣️ "We have made significant progress and are ready to take stablecoins to the next level," the company stated.