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Paxos: Demand for Stablecoin Infrastructure Surging
Summary: Paxos strategic director Walter Hessert has revealed a significant increase in demand for stablecoin infrastructure overall. Companies like Mastercard have recognized the need for stablecoins, with the credit card giant leveraging its global franchise power to support the growing regulated stablecoin portfolios from issuers worldwide. Additionally, the Global Dollar Network is driving corporate adoption of ...
Paxos strategic director Walter Hessert has revealed a significant increase in demand for stablecoin infrastructure overall. Companies like Mastercard have recognized the need for stablecoins, with the credit card giant leveraging its global franchise power to support the growing regulated stablecoin portfolios from issuers worldwide. Additionally, the Global Dollar Network is driving corporate adoption of stablecoins through USDG, providing some companies with opportunities for 'shared ownership and shared economy' and helping companies find the intersection of product and market. (Blockworks)
