Visa and Mastercard are no longer opposing encryption, but have instead become the biggest promoters?

If you can't beat the payment giants, join them—this move is quite interesting.

Visa announced in April and Mastercard in June that they will integrate stablecoins into their transaction networks. This is not a competition for issuing coins, but rather a direct settlement using existing stablecoins like USDC and PayPal USD.

What does this mean?

The once “crypto revolution” (Litecoin, Bitcoin Cash, and even Dogecoin aiming to replace credit cards) has turned into a joke. The reality is: Visa/Mastercard, using the power of traditional finance, has incorporated stablecoins into the mainstream payment system. Newegg can accept LTC for payments, AMC can sell popcorn with SHIB… these are all already outdated.

The current play is: stablecoins have become the infrastructure for cross-border payments, and issuers of stablecoins like Circle and PayPal may be the real winners.

Investment Strategy:

• Visa/Mastercard stocks are worth watching (if the Latin American and e-commerce markets can really pick up)
• Stablecoins are not suitable for long-term holding (no yield expectation)
• Stablecoin issuers (such as Circle) may be the biggest beneficiaries.

Encryption is not dying, it is being tamed by big capital. Is this not a kind of victory?