Stablecoin popularity rising, but Visa and Mastercard not threatened due to regulatory hurdles.

From Investing.com
June 21, 2025 6:05 am:

Stablecoin popularity is rising, but Visa and Mastercard face minimal threat for now. Visa’s CEO, Al Kelly, stated that stablecoins are not a concern due to regulatory hurdles. Stablecoins, like USDC and Tether, continue to gain traction in the crypto market. Visa’s digital currency efforts remain focused on central bank digital currencies.

Read more at Investing.com: Stablecoin fever is running hot, but threat to Visa, Mastercard remains on ice