MasterCard: Stablecoin becoming the mainstream payment method is a long and difficult road ahead

Jon Lambert, Chief Product Officer of American payment company Mastercard, said that stablecoins still have a long way to go before becoming a viable everyday payment tool. Lambert stated that in addition to technical attributes, seamless and predictable user experience, broad coverage, and widespread consumer distribution are also crucial characteristics for stablecoins to become a payment tool. Lambert mentioned that Mastercard positions itself as a bridge between digital assets and traditional financial systems, and can provide infrastructure to enable the widespread use of stablecoins.