<ul data-eligibleForWebStory="true"><li>Mastercard partners with Paxos to advance Global Dollar Network, boosting stablecoin payments.</li><li>Competitors like Visa, Fiserv, and Stripe integrate stablecoin functionality into their platforms.</li><li>Bank for International Settlements (BIS) report indicates stablecoins 'perform poorly' as money.</li><li>Stablecoins face challenges in stability, acceptability, trust, compliance, and user experience.</li></ul>

Stablecoins ‘Perform Poorly’ as Money and Could Face Uphill Payments Battle

Discover more