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Stablecoins Were Supposed to Bypass the Card Schemes. Instead, the ...

Published

27 August 2026

Topic

opportunities

Sectors

Fintech

Geography

United States

Source

Read at glenbrook.com

Verified

Fusion42 · 27 August 2026 · Fusion42 review

Stablecoins intended to bypass traditional card payment networks are instead being integrated by card schemes as a foundational layer, positioning these schemes as the operating system for digital payments involving stablecoins.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You must rethink stablecoins as part of existing payment rails rather than as alternatives. This shift means fintechs aiming to innovate in payments now face card schemes controlling critical infrastructure.

Coverage

1 source · 27 Aug 2026

Related on Wire

Topics

Fintechstablecoinscard-schemesdigital-paymentsfintech-integration