Lates News

Jorn Lambert, Chief Product Officer of American payment company Mastercard, stated that stablecoins still have a long way to go before becoming a feasible everyday payment tool. Lambert mentioned that besides technical aspects, seamless and predictable user experience, wide coverage, and widespread distribution to consumers are crucial characteristics for stablecoins to become a payment tool. Lambert stated that Mastercard positions itself as a bridge between digital assets and traditional financial systems and can provide infrastructure for stablecoins to be used on a large scale.