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Stablecoins Reignite Pressure on Card-Network Stocks

1 min read
Source: Seeking Alpha
Stablecoins Reignite Pressure on Card-Network Stocks
Photo: Seeking Alpha
TL;DR

Card-network stocks, including Mastercard, Visa and American Express, fell after a Sunday research report revived fears that stablecoin-based technology could bypass traditional payment networks, with Mastercard slipping about 0.4% in early trading as concerns about AI-driven disruption resurfaced.

Topics:businessfinance#american-express#card-networks#finance#mastercard#stablecoins#visa
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  1. Credit card network stocks hit by revived stablecoin fears (MA:NYSE)  Seeking Alpha
  2. ‘A feedback loop with no brake’: how an AI doomsday report shook US markets  The Guardian
  3. White House Economist Calls Citrini AI Report ‘Science Fiction’  Bloomberg
  4. ‘Ghost GDP’ and a white-collar recession: Substack’s top finance writer warns of AI’s 2028 crisis  Fortune
  5. Breaking Down the Doomsday AI Memo That Spooked Markets  WSJ

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