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Stablecoins Reignite Pressure on Card-Network Stocks

1 min read
Source: Seeking Alpha
Stablecoins Reignite Pressure on Card-Network Stocks
Photo: Seeking Alpha
TL;DR Summary

Card-network stocks, including Mastercard, Visa and American Express, fell after a Sunday research report revived fears that stablecoin-based technology could bypass traditional payment networks, with Mastercard slipping about 0.4% in early trading as concerns about AI-driven disruption resurfaced.

Topics:business#american-express#card-networks#finance#mastercard#stablecoins#visa
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