Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Mastercard Ranks 62nd in Trading Volume with $1.181 Billion as it Expands into Cryptocurrency Market

Market BriefThursday, May 15, 2025 7:58 pm ET

1min read

On May 15, 2025, Mastercard (MA) saw a trading volume of $1.181 billion, ranking 62nd in the day's stock market activity. The stock price increased by 1.56%.

Mastercard has expanded its reach into the cryptocurrency market by partnering with MoonPay, a cryptocurrency infrastructure company. This collaboration aims to introduce a global payment solution based on stablecoins, targeting 100 million cryptocurrency users worldwide. The partnership will enable crypto wallets to issue virtual Mastercards, facilitating real-world payments using stablecoins.

Mastercard's CEO, Michael Miebach, has been vocal about the future of digital payments, emphasizing the importance of consumer choice in payment methods. He believes that innovations like biometric payments, such as using fingerprints or eye scans, will become more prevalent as technology advances.

Stablecoins have seen significant growth, with their market capitalization reaching a record high of $243 billion in the past year. This growth is driven by payment companies like Mastercard, which are increasingly integrating stablecoins into their payment systems to offer more stable and efficient transaction options.

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.