Mastercard stock fell 0.4% in morning trading on February 24. This decline follows a 5.8% plunge during the previous trading session.
The selloff followed a report from Citrini Research detailing a hypothetical scenario where AI agents utilize stablecoin-based systems for transactions. This model suggests that emerging technologies could bypass traditional payment networks to execute cheaper transfers.
These findings revived investor concerns regarding the long-term viability of current payment rails. Similar fears regarding technological disruption previously triggered a dip in payment network stocks in June 2025.
Separately, Capillary Technologies announced it is acquiring the loyalty platform Session M from Mastercard. The acquisition is valued at $20 million.