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💳Mastercard Backs Stablecoins After GENIUS Act — But Without Decentralization Right after the U.S. passed the GENIUS Act, Mastercard came out in support of stablecoins. But let’s be clear — they’re not here for the decentralized dream. Mastercard wants to integrate stablecoins into the existing banking model: middlemen, fees, regulations — the whole TradFi package. The company positions itself as the trusted gatekeeper needed for mass adoption. 👉 Stablecoins may be going mainstream, but decentralization? Not on their watch. #News Alpha | Chat