Stables launches stablecoin virtual card in Europe

Australian stablecoin payment startup Stables has launched a Mastercard virtual card in Europe. Last year, Stables partnered with Mastercard in Australia to launch the first stablecoin wallet in the Asia-Pacific region, using a single stablecoin balance for payments. Now, with a virtual asset service provider license, Stables can offer contactless in-store and online payment services to Europeans through Apple Pay and Google Pay within the Mastercard merchant network.