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payments are fast, but local-currency settlement remains a bottleneck: Gravity Team CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2661277908","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661277908?lang=en_us&edition=fundamental","pubTime":"2026-08-24 23:11","pubTimestamp":1787584298,"startTime":"0","endTime":"0","summary":"Stablecoins can cross borders within seconds, but converting them into spendable local currency remains a slower and more fragmented process, Gravity Team CEO Mārti Beītis told crypto.news as the firm launched its institutional OTC desk.Stablecoin transfers do not remove the need for local liquidity, banking access, and payout infrastructure.Gravity Team says traditional settlement can tie up 20% to 40% of monthly payment flows.Stripe and Mastercard have expanded their stablecoin infrastructure through major acquisitions.Gravity Team launched an OTC desk offering T+0 fiat settlement in more than 20 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Stock Outperforms Competitors on Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2661297262","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2661297262?lang=en_us&edition=fundamental","pubTime":"2026-08-22 04:31","pubTimestamp":1787344260,"startTime":"0","endTime":"0","summary":"DJ Mastercard Inc. Stock Outperforms Competitors On Strong Trading DayThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Mastercard Inc.  rallied 1.18% to $580.63 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index  rising 0.43% to 7,674.37 and the Dow Jones Industrial Average  rising 0.98% to 53,277.01.This was the stock's second consecutive day of gains.Mastercard Inc. closed 3.51% short of its 52-week high of $601.77, which the company achieved on August 22nd.The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co.  rose 0.01% to $351.58, Visa Inc. Cl A  rose 1.45% to $371.04, and Bank of America Corp.  fell 0.27% to $61.69.Trading volume  remained 1.2 million below its 50-day average volume of 3.4 M.Data source: Dow Jones Market Data, FactSet. 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