Visa and Mastercard expressed cautious attitudes towards stablecoins for everyday payment use during their latest earnings call, believing that in highly digitalized developed markets, stablecoins have not yet demonstrated a clear product-market fit in consumer payment scenarios. Visa CEO Ryan McInerny stated that American consumers can conveniently make "digital dollar" payments through bank accounts and other methods, so there is no urgent demand for stablecoins in consumer payments; Mastercard CEO Michael Miebach said that stablecoins are more viewed as a settlement currency supported within their network, with current main uses still focused on trading and speculation rather than daily payments. (CoinDesk)