Mastercard CEO Says Stablecoins Solve Cross-Border Payment Delays
Cross-border payments are proving to be the strongest use case for stablecoins, Mastercard CEO Michael Miebach said Friday (Oct. 9), Bloomberg reported. During an interview with Bloomberg TV, Miebach said stablecoins provide an alternative to traditional methods of cross-border payments that take days and have unclear fees. “From a working capital perspective for a company, if you could move the…
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