Stablecoin Payments Enter a New Era as Financial Giants Compete for Customer Ownership - Tekedia

Stablecoin payments are moving into mainstream finance, with Visa, Mastercard, Stripe, and Wirex competing to shape the underlying infrastructure.

Traditional card networks are adding blockchain to existing rails, while Stripe is expanding stablecoin tools for cross-border commerce.

Wirex is pushing consumer-facing products like cards and wallets, after reaching $1 billion in annualized settlement volume in just 131 days.

The bigger prize is not only processing payments, but owning the customer relationship, fee revenue, and broader financial ecosystem.