Catenaa, Sunday, July 06, 2025-Stablecoins are moving from niche crypto assets to mainstream financial tools, with major banks, credit card companies, and Fortune 500 firms launching their own digital tokens. This shift could reshape payment infrastructure and money movement in the US and globally.
PayPal’s blockchain head, Jose Fernandez da Ponte, called stablecoins an emerging infrastructure layer, designed to move value efficiently. Corporations see stablecoins as a way to reduce transaction fees and enable instant settlement, a boon for merchants facing $187 billion in annual payment processing costs.
Circle, the issuer of USDC, recently made a high-profile public debut, with its stock soaring 750% in June. Partnerships quickly followed, including Coinbase’s deal with Shopify to enable USDC payments and Fiserv’s launch of its own stablecoin to complement its 90 billion annual transactions.
Mastercard now supports four stablecoins on its Multi-Token Network, targeting institutional clients with 24-hour settlement.
Visa’s CEO confirmed the company is upgrading infrastructure with stablecoin technology. JPMorgan has launched a commercial bank deposit-backed token, JPMD, for faster, cheaper institutional settlements linked to the traditional banking system.
Policy developments support this trend.
The US Senate passed the bipartisan GENIUS Act to regulate stablecoins with consumer protections, reserve rules, and anti-money laundering standards.
However, some lawmakers criticize the bill for not addressing conflicts of interest, citing stablecoins tied to President Donald Trump.
Industry experts say stablecoins have matured into usable payment tools, with firms racing to adopt the technology ahead of disruption.
