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Stablecoins were supposed to disintermediate the card networks. So why is Mastercard the one doing the building? In the latest “From the Block,” PYMNTS CEO Karen Webster and Citi’s Ryan Rugg puts the question straight to Mastercard’s Raj Dhamodharan—and get an answer that challenges almost everything the crypto faithful assumed.
By Stablecoins were supposed to disintermediate the card networks. So why is Mastercard the one doing the building? In the latest “From the Block,” PYMNTS CEO Karen Webster and Citi’s Ryan Rugg puts the question straight to Mastercard’s Raj Dhamodharan—and get an answer that challenges almost everything the crypto faithful assumed.