Stables Bridges Mastercard and USDC for Eurozone Payments

IconCryptoNewsTerminal Staff21 Jul, 2024

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Stables Bridges Mastercard and USDC for Eurozone Payments

Stables, an Australian stablecoin payment gateway, has forged a partnership with Mastercard to propel their services into Europe and the United Kingdom. This alliance will empower Stables users to seamlessly make purchases using USDC across 27 European nations where Mastercard is accepted. The integration of Stables and Mastercard presents a groundbreaking solution for merchants and consumers alike. Merchants can now accept USDC as a form of payment, opening doors to a broader customer base and eliminating the complexities associated with cryptocurrency transactions. Consumers, on the other hand, gain the convenience of using their preferred stablecoin for everyday purchases, enjoying the benefits of low transaction fees and fast settlement times. Stables' partnership with Mastercard signifies a significant step towards mainstream adoption of digital currencies. By leveraging the extensive network and credibility of Mastercard, Stables can expand its reach and make USDC more accessible to merchants and consumers across Europe. This strategic alliance sets the stage for broader acceptance and utilization of stablecoins in the years to come.

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