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Visa and Mastercard Integrate Stablecoins
Visa (NYSE: V) and Mastercard (NYSE: MA) are integrating stablecoins into their existing payment networks. This initiative reflects a significant shift in how traditional financial services view digital currencies. Visa started its stablecoin project in April 2025, suggesting a focus on the potential of stablecoins for transaction processing, particularly in regions with less stable banking systems, such as Latin America.
In June, Mastercard integrated four leading stablecoins into its global settlement systems, collaborating with issuers such as Circle Internet (NYSE: CRCL) and PayPal (NASDAQ: PYPL). This partnership approach indicates that rather than developing their own cryptocurrencies, these companies see value in established stablecoins for enhancing transaction efficiency.
The integration of stablecoins is poised to affect the broader financial landscape, reinforcing their role as viable tools within traditional banking, rather than serving as direct competitors to established financial systems.
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