Paxos: Demand for stablecoin infrastructure is surging

Paxos' Head of Strategy, Walter Hessert, stated that the company has seen a huge increase in demand for stablecoin infrastructure overall, and companies like Mastercard have recognized the demand for stablecoins. The credit card giant is leveraging the power of its global franchise to support a growing portfolio of regulated stablecoins from issuers around the world. In addition, the Global Dollar Network is driving enterprise adoption of stablecoins through $USDG, providing some companies with the opportunity for "shared ownership and a shared economy" and helping businesses find product-market fit. (Blockworks) [Odaily Planet Daily]