mtnCapital price

Mastercard is moving deeper into the digital asset economy by launching new global capabilities to support stablecoin payments across its vast merchant network, the company announced Monday. The payments giant is working with crypto exchange OKX to roll out the "OKX Card," aimed at linking crypto trading and Web3 activities with everyday spending. Meanwhile, merchants will soon be able to settle transactions directly in stablecoins such as Circle’s USDC, thanks to collaborations with Nuvei and Circle. Paxos will help extend this functionality to other supported stablecoins like USDP. “When it comes to blockchain and digital assets, the benefits for mainstream use cases are clear,” Jorn Lambert, chief product officer at Mastercard, said in a statement. “To realize its potential, we need to make it as easy for merchants to receive stablecoin payments and for consumers to use them. We believe in the potential of stablecoins to streamline payments and commerce across the value chain. Unlocking this is core to how we navigate the rapidly changing world, giving people and businesses the freedom they want by providing the choices they deserve,” he said. Stablecoins, which are cryptocurrencies pegged to stable assets like the U.S. dollar, have been gradually moving beyond trading venues into mainstream payments. Mastercard’s initiative covers the full range of stablecoin use cases, from wallet enablement and card issuance to merchant settlement and on-chain remittances. The company has previously partnered with crypto exchanges like Kraken, Binance and Crypto.com to allow users to pay with stablecoins via traditional cards. Last year, it rolled out Mastercard Crypto Credential, a service designed to simplify sending digital assets across borders using verified usernames rather than complex wallet addresses. In 2023, Mastercard launched its Multi-Token Network (MTN) which is being leveraged to facilitate real-time settlements and redemptions of tokenized assets. Ondo Finance, in February, became the first provider to bring real-world assets to the network. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

1. $DUMPFUN The night before last, just as I was about to sleep, I saw that Bonk had launched a new platform. $DUMPFUN was the first one released, and its market cap surged from 600k to 1M. Gradually, the frontrunners joined in, and it reached 3-4M before people started taking profits. I also checked out other projects on the platform, but none of them took off at the time, so I thought this one would firmly hold the top spot. I went to sleep with a profit of 10k USDT, thinking long-term. When I woke up, it was a disaster. Turns out the official team had promoted $letsbonk. At that time, it was almost a complete washout. I should have observed a bit longer before sleeping; that way, I could have secured my profits and caught the big opportunity with $letsbonk. What a pity. 2. $cfx A Chinese AI project. Yesterday morning, the studio bought in at a 600k market cap. Right after buying, it plummeted. I saw that they hadn’t even held an AMA as promised and thought it was over, so I sold. But later, the project team held the AMA, and the market cap surged to 2-3M. [Facepalm] 3. $bonkfire Yesterday, while on the way to Mount Wutai, I saw project news during a rest stop. I quickly called my assistant, who had already bought in at over 1M. In the end, due to debates over whether the website registration was complete, the market cap surged to 3-4M before dropping sharply. Managed to make a few thousand USDT. 4. $mtn Still holding, haven’t sold a single one! Yesterday, a proposal came out where the project team suggested using 4M USDT for DeFi investments, which caused dissatisfaction in the market. I also think this proposal is not good. I hope the project team listens to user feedback and makes timely adjustments; otherwise, it won’t align with the original purpose of being an investment DAO. Last night, after settling down, I reviewed yesterday’s projects with my assistant. Maybe because it was the weekend, there wasn’t much market activity. I don’t have time to monitor today either, so I’ll have to rely on my assistant to handle it.