Stablecoins Win Payments Debate as Visa, Mastercard Integrate USDC Rails

On June 12, Circle executive Dante Disparte declared the open payments debate over, with stablecoins prevailing as core infrastructure. This follows the June 9 overview showing institutions shifting from pilots to operational use of blockchain settlement and tokenized assets. Major players including PayPal, Stripe, Visa, and Mastercard have integrated stablecoin rails, boosting volumes in cross-border and machine-to-machine payments. Investors are directed toward compliant infrastructure names such as Galaxy Digital, Block, and Payoneer, though execution and regulatory risks remain key variables.