Wall Street payment giants Visa and Mastercard remain cautious about the role of cryptocurrencies in everyday payments, citing limited consumer demand for stablecoins in developed markets. Visa CEO Ryan McInerney pointed out that there are already multiple digital dollar options available, while Mastercard CEO Michael Miebach views stablecoins as "another currency" that requires support, with transactions still being their primary use. In contrast, digital bank SoFi is actively venturing into the cryptocurrency space, with CEO Anthony Noto calling it the next key phase of financial services.

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