According to official sources, payment giant Mastercard has announced the launch of a "comprehensive" stablecoin payment solution, supporting stablecoin payments for its 1.5 million global merchants.
Mastercard will collaborate with payment processor Nuvei and stablecoin issuers Circle and Paxos to create a seamless payment ecosystem. Jorn Lambert, Mastercard's Chief Product Officer, stated that the company believes in the potential of stablecoins to simplify payments and commerce.
