Mastercard Plans To Make Crypto Transactions as easy as Venmo
Mastercard, a global payments giant, is positively venturing into the world of cryptocurrency with the development of a blockchain-based network.
The endeavor is to offer easy transactions of digital assets between consumers, merchants, and financial institutions. The effort includes massive engineering work, regulation, strategic collaboration, and interaction with prominent financial players.
Mastercard intends to leverage its extensive legacy payment experience to the crypto companies by becoming a vital infrastructure enabler in digital assets.
Raj Dhamodharan, Mastercard’s EVP of Blockchain and Digital Assets, stresses, “We bring the scale and reach that we have to the space for the money to flow between the two worlds in a simple…
