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Stablecoin Has Long Road to Mainstream Payments, Mastercard Says

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Bloomberg
209Words
Jul 14, 2025

For all the hype around stablecoins, they’re a long way from becoming a viable everyday payment tool, according to Mastercard Inc.’s chief product officer, Jorn Lambert. “While the technology powering stablecoins holds tremendous promise — high speed, 24/7 availability, low costs, programmability, immutability — those attributes alone do not suffice to turn stablecoin into a payment tool,” Lambert said Monday on a call with analysts. “Just as important, or even more so, are other attributes like a seamless and predictable user experience, reach and wide distribution to consumers.”

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