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Clearest use case for stablecoins is in cross-border payments, Mastercard CEO reportedly says

Seeking Alpha ·

Seeking Alpha reports: The clearest use case for stablecoins currently is in cross-border payments, Mastercard CEO Michael Miebach told Bloomberg TV in an interview. "If you make a cross-border payment, it takes days; the fees are unclear. From a working capital perspective for a company, if you could move the money instantly, it would be so much better," Miebach reportedly said. Mastercard, along with Visa , Stripe ( STRIP ), and other partners, launched the Open USD stablecoin on Solana…

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