Visa and Mastercard reportedly close to launching a stablecoin platform with Stripe; CleanSpark produces 671 BTC in May

BBX Message: Yesterday’s news of Visa and Mastercard partnering with a stablecoin platform is the most direct signal that traditional payment giants are shifting from “compliant access to crypto” to “proactively competing for stablecoin market share.” Key Points: — Visa (NYSE: V) / Mastercard (NYSE: MA): Reports indicate they are close to launching a stablecoin platform in collaboration with Stripe, with Coinbase evaluating participation; Visa’s settlement pilot reaches $7 billion annualized, while Mastercard already has a foundation through its acquisition of BVNK. — CleanSpark (NASDAQ: CLSK): Produced 671 BTC in May (daily average 21.66, peak 23.16), reached a peak hash rate of 50.0 EH/s, operates at 808 MW with a 1.8 GW contract; holds 13,470 BTC (sold 654 at an average price of $79,934); YTD production approx. 3,110 BTC; appointed Sahakyan (ex-KBW, $20B+ experience) as SVP of Finance, accelerating AI data center financing. Source: bbx.com