Stablecoin platform Stables partners with Mastercard to allow users in the Asia-Pacific region to make payments with stablecoins.

On March 21st, according to BlockBeats news, the Australian stablecoin platform Stables announced a partnership with Mastercard, which will allow users in the Asia-Pacific region to use stablecoins for payments through Mastercard. The payment card enables users to store and use USDC by converting digital currency into fiat currency and settling on Mastercard's network. Kallan Hogan, the fintech head of Mastercard Australia, stated that the company's partnership with Stables is a significant development in its adoption of Web3. Mastercard is committed to driving innovative payment solutions that allow cardholders to freely use their assets wherever, whenever and however they want. Stables is leveraging Mastercard's global network and network and intelligence tools to build solutions for the Web3 sector.