Global Investing
Credit cards v stablecoins - cryptocurrency is coming for your rewards points
Credit cards face real competition as stablecoins eye US payments market
Key topics:
Stablecoins could cut swipe fees, threatening Visa, Mastercard, and Amex.
Retailers like Amazon may issue coins to boost margins and loyalty schemes.
US rules (Genius Act) limit coin issuance but allow partnerships like Circle’s.
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By Paul J. Davies