Tech, Crypto startups challenge Visa, Mastercard’s payment dominance

Tech firms and crypto start-ups are targeting the long-held turf of Visa and Mastercard, using stablecoins — a new form of digital currency — to offer merchants a compelling alternative: lower fees, quicker settlements, and the ability to sidestep traditional payment networks altogether. This marks both a technological and financial challenge. Stablecoins, typically pegged to […]