Mastercard: "Stablecoins Still Have a Long Way to Go Before Becoming Mainstream Payment Methods"
Summary
- Mastercard stated that stablecoins still have a long way to go before becoming practical everyday payment methods.
- Jorn Lambert, CPO at Mastercard, highlighted the importance of a seamless user experience, broad applicability, and consumer adoption.
- Mastercard mentioned its involvement in connecting digital assets to the existing financial system and providing stablecoin infrastructure.
Global payment company Mastercard has shared its views on stablecoins (virtual assets pegged to the value of fiat currencies).
According to Odaily on the 15th (KST), Jorn Lambert, Chief Product Officer (CPO) at Mastercard, stated, "It will still take time before stablecoins become a practical means for everyday payments."
Lambert, CPO, explained, "In addition to their technical characteristics, for stablecoins to become a payment method, it is important to ensure a seamless and predictable user experience, broad applicability, and widespread adoption among consumers," adding, "Mastercard serves as a bridge connecting digital assets and the traditional financial system, and can provide the infrastructure needed for stablecoins to be used on a large scale."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
