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Mastercard Tests Tokenized Treasuries As It Deepens Crypto Payment Rails

Mastercard Tests Tokenized Treasuries As It Deepens Crypto Payment Rails

  • Mastercard (NYSE:MA) took part in the first near real time cross border settlement of a tokenized U.S. Treasury fund using blockchain, working with JPMorgan and Ripple.
  • The pilot linked public blockchain infrastructure with traditional banking rails to support 24/7 settlement of tokenized Treasuries.
  • Mastercard also agreed to acquire BVNK and expanded crypto partnerships with firms such as KuCoin and Rain to support stablecoin backed and digital asset payments.

For you as an investor, this puts Mastercard’s core business in a broader context. The company has long been known for its global card and payments network and is now more visibly involved in blockchain based settlement, tokenized assets and stablecoin backed payment flows….

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