TechFlow, July 15 — According to Bloomberg, Mastercard's Chief Product Officer Jorn Lambert said during a Monday analyst call that despite stablecoin technology offering advantages such as high speed, 24/7 availability, low cost, programmability, and immutability, these features alone are still insufficient to make it an effective tool for everyday payments. Lambert emphasized that for stablecoins to achieve widespread adoption, they also require seamless and predictable user experiences, broader coverage, and wider consumer distribution. Mastercard is positioning itself as a bridge between digital assets and traditional financial systems.
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