The merchant part isn't the news. Spending a stablecoin balance on a Mastercard card settles to the shop like any other card payment. The news is in BVNK's docs: fintechs, neobanks and US banks can embed accounts that earn rewards on USDC balances. That's the exact feature bank groups have been lobbying to close in the Clarity Act, which stalled 49-50 in the Senate last month. Mastercard is selling it to them.
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