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-8.60239720134562E-05 0.000477910955630747 0.00231308902525288 0.00231308902525288 0.00231308902525288 0.00231308902525288 0.00231308902525288 0.00231308902525288
Stock impact report

Mastercard, Visa make deals to jolt stablecoins [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Key insights : Mastercard and Visa both made deals to boost distribution for stablecoins. What's at stake : The card networks are looking to boost revenue from beyond payments while tapping the growing stablecion market. Forward look : The collaborations will increase uses such as corporate treasury over time. Stablecoins are a small but quickly growing market, leading Visa and Mastercard to increase their bets on growing demand. Visa will expand an existing collaboration with Stripe-owned Bridge to issue stablecoin-linked cards in more than 100 countries. Mastercard has partnered with SoFi Technologies to enable SoFIUSD as a settlement option on Mastercard's network. Both deals can benefit Visa and Mastercard's need to attract new revenue not directly related to card swipes while tapping demand for digital assets. A recent YouGov survey of more than 4,600 cryptocurrency consumers in 15 countries funded by crypto technology firm BVNK found that 54% have held stablecoins o Show less Read more
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