Mastercard Inc. said it’s working to weave Fiserv Inc.’s FIUSD stablecoin into a range of its payment products. It’s another traditional financial firm jockeying for a seat at the table as cryptocurrencies become more mainstream.

Mastercard Incorporated MA appears well-equipped to navigate the potential disruption posed by stablecoins. Although major retailers such as Walmart and Amazon are considering launching their own stablecoins to reduce dependence on traditional payment networks and avoid interchange fees,

Mastercard said it was expanding its relationship with Fiserv to promote the financial tech company's planned stablecoin, FIUSD.