Mastercard backs stablecoins post-GENIUS Act, but not as decentralized money
Mastercard publicy embraced stablecoins following the passage of the Genius act, but sees itself at the core of the system. The Genius Act is already having a tangible impact on the discourse around stablecoins. Following its passage, the payments giant Mastercard publicly embraced stablecoins, signalling that the legislation cleared a major roadblock to expansion. Still,…


