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6.96961248953924E-05 6.96961248953924E-05 0.000906049623640894 0.00026136046835792 0.00187621968218556 -0.00585447449121831 -0.0056148940618903 -0.00407722330638422
Stock impact report

Exclusive: Visa launches stablecoins advisory practice to keep up with crypto wave [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
of its Stablecoins Advisory Practice, a service which aims to aid fintechs, banks, and other businesses with their strategy and implementation of stablecoins. “Helping our clients grow is frankly the reason we exist in stablecoin,” said Carl Rutstein, global head of Visa Consulting and Analytics, in an interview with Fortune . “What Visa is doing in this space is just one more area where our clients have a need.” Stablecoins are a type of cryptocurrency designed to maintain a constant value by means of reserves that peg them to a fiat currency, typically the U.S. dollar. They have recently been embraced by a wide range of companies from the traditional financial sector following President Donald Trump's signing of the Genius Act in July, legislation which creates rules for issuing the digital asset. In the months since, other payments powerhouses like Paypal and Mastercard have boosted their stablecoin capabilities. Rutstein said that Visa's stablecoins advisory has dozens of cl Show less Read more
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