Jacquelyn Melinek: Visa and Mastercard expand stablecoin initiatives with USDC payouts

Jacquelyn Melinek: Visa and Mastercard expand stablecoin initiatives with USDC payouts
Visa and Mastercard expand stablecoin offerings

Visa and Mastercard both deepened their involvement with stablecoins in the same week. Visa Direct introduced USDC prefunding to support 24/7 global payouts, while Mastercard collaborated with BVNK to offer a platform integrating fiat, stablecoins, card, and bank payouts.

Jacquelyn Melinek highlighted the rapid shift in activity, noting the transition from minimal engagement to significant action by these major payment providers.

Earlier, Jacquelyn Melinek reported on Chainlink’s Head of RWAs discussing real-world asset strategies for asset managers and banks. She also covered when Evernorth named Ripple, Kraken, Coinbase and BitGo as institutional partners during an event at Nasdaq. These articles reflect her focus on institutional adoption and product developments within digital assets.

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