Definition
Payments paradigm in which fiat, stablecoins, and tokenized deposits coexist — value is defined by how effectively rails interconnect rather than by a single money form winning.
Key Points
- Explicit framing from mastercard CPO Jorn Lambert at bvnk close
- Use cases: cross-border B2B, remittances, payouts, settlement, treasury
- Governance/trust remain adoption blockers for corporates