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Mastercard: The road to stablecoins becoming a mainstream payment method is long and challenging.
Golden Finance reports that Jorn Lambert, the Chief Product Officer of Mastercard, stated that stablecoins still have a long way to go before they become a viable everyday payment tool. Lambert stated that, in addition to technical attributes, seamless and predictable user experiences, broad coverage, and widespread consumer distribution are also crucial characteristics for stablecoins to become payment tools. Lambert mentioned that Mastercard positions itself as a bridge between digital assets and the TradFi system, and can provide the infrastructure to enable large-scale use of stablecoins.