Mastercard has analyzed the shifts in the cryptocurrency sphere, predicting that 2025 will be crucial due to new regulations and increasing institutional confidence.
Mastercard's New Approach to Cryptocurrencies
Mastercard has announced significant changes in its approach to cryptocurrency, focusing on regulated stablecoins following the passage of the GENIUS Act in the U.S., set to take effect in 2025.
The Impact of the GENIUS Act on the Cryptocurrency Market
The passage of the GENIUS Act empowers mainly federally licensed entities to issue stablecoins, enhancing systemic integrity and setting new regulatory horizons for the industry.
The Future of Stablecoins and DeFi
USDC and USDT are expected to gain traction among mainstream financial institutions, while the use of assets like Ethereum and XRP is likely to increase, potentially enhancing adoption in decentralized finance (DeFi).
Mastercard emphasizes that regulatory clarity and investments in sustainable infrastructure will be pivotal for the future development of the cryptocurrency market.
