Mastercard to Collaborate with Nuvei, Circle, and Paxos to Create a Seamless Payment Ecosystem
According to Blockbeats, payment giant Mastercard has announced the launch of a "comprehensive" stablecoin payment solution, enabling its global network of 150 million merchants to accept stablecoin payments.
Mastercard will collaborate with payment processor Nuvei and stablecoin issuers Circle and Paxos to create a seamless payment ecosystem. Mastercard Chief Product Officer Jorn Lambert stated that the company believes in the potential of stablecoins to streamline payments and commerce.
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