Mastercard's global policy head Jesse McWaters called the GENIUS Act a “turning point” for mainstream stablecoin adoption, citing increased regulatory clarity and institutional confidence. He noted that regulated entities can now issue USD-backed stablecoins, with major firms like JPMorgan, Citi, BofA, Amazon, and Apple already advancing plans. “Mastercard has been preparing for this,” he added.
https://t.co/Z2Zxu86aSe