Mastercard Inc (NYSE:MA) partnered with the Australian stablecoin platform, Stables, to launch a stablecoin digital wallet integration that will allow retail customers in the Asia-Pacific (APAC) region to spend their stablecoins anywhere Mastercard is accepted.
The collaboration includes a stablecoin-only wallet developed by Stables, accompanied by a payment card supported by Mastercard, which will allow users to save and spend the USD Coin (CRYPTO: USDC) stablecoin by converting it into fiat and settling on Mastercard's network.
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