Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream.
Australian stablecoin payments startup Stables has announced its expansion to Europe and the United Kingdom in partnership with Mastercard, which co-founder Bernado Billota says indicates a wider trend of the dollar-pegged assets breaking into the mainstream.
Speaking to Cointelegraph, Bilotta said the expansion marked an important step for his firm, noting an increase in the size of the total addressable market of new customers in Europe, which he said was roughly twenty times the size of Australia.
The new partnership will allow Stables users to make purchases with Circle’s USD Coin (USDC) in 27 countries throughout Europe wherever MasterCard is accepted and through digital vendors like Apple and Google Pay.
