MasterCard allows the option to receive payments in stable currencies

“MasterCard” for merchants provided the option to receive payments in stable currencies, in light of the increasing global organizational clarity on digital assets associated with paper currencies.

The second largest payment processing company around the world said in a statement that it is cooperating with companies including the “Nuvei” payment processor and the “Circle” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos” and “Paxos”, to enable payments in encrypted currencies.

Earlier this year, legislators submitted the law “Directing and Establishing National Innovation of American Currencies” to create an organizational framework for the stable coins in America, and the draft law was passed in the Senate Committee’s vote in March, and it is on its way to become a law.

A trillion dollars value of the stable currency market

Standard Chartard Bank estimated in a recent report that the stable currency market may rise to a trillion dollars during the next three years after its expected approval.

He pointed out that “with the increasing global organizational clarity, the stable currencies from tools for cryptocurrencies are evolved into basic solutions that add efficiency and ease of programming to payments, exchange and financial transfers.”

“MasterCard” had recently announced its cooperation with the encrypted currency trading platform “OKX” to launch a new card, and MasterCard is already cooperating with many encrypted currency companies, including “Metamask”, in the field of direct discount cards supported by encrypted currencies.