Visa and Mastercard have agreed to reduce interchange fees by 0.1% over several years. The settlement allows merchants to choose which types of Visa cards they will accept, potentially categorizing cards based on rewards and other features. Mastercard claims this will benefit smaller merchants through lower costs and more acceptance options.

Mastercard is launching a comprehensive infrastructure to facilitate stablecoin transactions, partnering with companies like OKX and Nuvei to enable seamless spending for consumers and flexible acceptance for merchants. This initiative aims to overcome barriers to stablecoin adoption, enhance payment options, and simplify cross-border remittances through innovative technologies.