Wu Blockchain (@WuBlockchain): In their latest earnings calls, Visa and Mastercard stated that current stablecoin usage remains negligible and insufficient to challenge their domina…
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In their latest earnings calls, Visa and Mastercard stated that current stablecoin usage remains negligible and insufficient to challenge their dominant position in the payments market. This scale of stablecoin usage is far lower than Visa's annual transaction volume of $15 trillion. They also emphasized that such assets are more suitable for markets in countries with unstable fiat currencies. https://t.co/g7VgJiGtYU