Internet reports that MasterCard is promoting allowing consumers to use stablecoins for consumption and merchants to accept stablecoins for payment. "MasterCard is offering a comprehensive 360-degree solution that makes it as easy for consumers and businesses to use stablecoins as they would use currency in a bank account," the company said. Consumers will be able to consume stablecoins in crypto wallets at more than 150 million merchants around the world that accept MasterCard through traditional cards, and withdraw stablecoins to bank accounts through Mastercard Move. Mastercard also works with cryptocurrency exchange OKX to issue co-branded cards and works closely with Circle and Paxos to support stablecoin payments.