Mastercard’s Stablecoin Sandwich Warning Comes With a Pitch
Photo: Coindoo
Key Takeaways Mastercard exec warns of a “stablecoin sandwich” BVNK documents fast bank payouts in three currencies BIS: prefunded fintechs set a tough cost benchmark Wider local payout coverage is expected in 2027 Matthew Driver, Mastercard’s executive vice president of services for Asia Pacific, made the point in an October 27 interview with CNBC . The warning comes from the company selling the bread Driver’s argument runs in three steps. Turning ordinary money into stablecoins can be slow, the blockchain transfer in the middle is fast, and turning the tokens back into local currency can add another delay.
Source: Coindoo
