Mastercard Flags Stablecoin Conversion Bottlenecks
Photo: Crypto Economy
TL;DR Mastercard warns that fiat-to-stablecoin conversions and local currency payouts can undermine the speed advantage of blockchain payments. Its Global Money Platform, launched with BVNK in October, combines stablecoin infrastructure, currency conversion and bank payouts through a single integration. A recent BIS study identifies conversion fees, foreign exchange liquidity and withdrawal delays as major obstacles, ... Read more
Source: Crypto Economy
