The passage of the GENIUS Act by the U.S. Congress marks a significant milestone for stablecoin regulation, promoting clarity and confidence in digital assets. With global frameworks like the EU's MiCA in place, Mastercard is leveraging its expertise to enhance the safe adoption and integration of stablecoins into mainstream payment systems, fostering innovation while ensuring compliance and trust.
The European Commission is investigating Visa and Mastercard regarding their transaction fees, which have raised concerns about unfair pricing practices in the payments industry. This scrutiny is part of broader efforts to enhance competition and transparency in the payments sector across Europe.