Mastercard Global Head: The "GENIUS Act" brings a "turning point" for stablecoin adoption, with several giants preparing to布局

ChainCatcher news, according to DL News, Mastercard's Global Policy Chief Jesse McWaters stated that the GENIUS Act is a "turning point" for the mainstream adoption of stablecoins, which will drive institutional participation and the development of compliant stablecoins.

He described the act as bringing about a "new era of regulatory clarity and confidence in digital assets." The act allows regulated entities to issue dollar-backed stablecoins, with giants like JPMorgan, Citigroup, Bank of America, Amazon, and Apple all advancing related plans. He added, "Mastercard has been preparing for this for a long time."