The Stellar Organization announced in a blog post published on Tuesday that it has partnered with Mastercard to integrate the company’s Crypto Credential solution into the Stellar network. While this development is seen as a significant step in the cryptocurrency market, there are serious doubts that such partnerships will bring the expected recovery in the sector, given the current market conditions.

Recent increased regulatory pressures and market volatility create uncertainty about the future of cryptocurrencies. This partnership between Stellar and Mastercard may not have a positive impact on the overall market in the short term. Experts emphasize that more data and time are needed to evaluate the long-term effects of such agreements.