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Mastercard Inc. has announced plans to enable its 3.5 billion cardholders to transact with Bitcoin and other cryptocurrencies, according to Business Insider. The company is developing a blockchain-powered payment network aimed at facilitating seamless fiat-to-crypto transactions for consumers, merchants, and financial institutions. This initiative, which Mastercard describes as a 'sizable bet', includes the development of tools such as Crypto Credential and a Multi-Token Network, alongside over 100 crypto card programs, to make digital asset transactions easy, secure, and mainstream.
⚡️ JUST IN: Mastercard is developing a blockchain-powered payment network to enable seamless fiat-to-crypto transactions for banks and consumers https://t.co/d5G5QpHRX8
Mastercard is building a blockchain-based network to mirror its global card system Aiming to make digital assets easy, secure, and mainstream. It's doing so with tools like Crypto Credential, its Multi-Token Network and over 100 crypto card programs. Now they need to finish https://t.co/SPMVZ9LKFf
Mastercard’s crypto vision is sneaking into your wallet. With a new blockchain-powered payment network, they’re enabling #Bitcoin and digital asset payments for consumers and financial institutions. How soon will this feel like business as usual?
