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🚫 Visa, Mastercard See Limited Stablecoin Role in Developed Markets

Visa and Mastercard executives have expressed skepticism about stablecoins' near-term viability for mainstream, everyday payments in developed economies, according to a CoinDesk report. The payments giants see greater potential for the technology in emerging markets and cross-border settlements.

🚫 Visa, Mastercard See Limited Stablecoin Role in Developed Markets

Visa and Mastercard executives have expressed skepticism about stablecoins' near-term viability for mainstream, everyday payments in developed economies, according to a CoinDesk report. The payments giants see greater potential for the technology in emerging markets and cross-border settlements.