Mastercard Sees Crypto as Payment Tech, Not Financial Revolution
Mastercard is embracing crypto, but not as a radical disruptor. Instead, the payments giant sees digital assets as an evolving tool that can enhance existing financial infrastructure.
Key Takeaways:
- Mastercard views crypto as a tool to enhance its existing payment network, not to replace it.
- The company is expanding crypto integration through partnerships and crypto-backed cards that convert assets at checkout.
- Stablecoins are seen as useful for settlements.
Speaking to The Big Whale, Christian Rau, Mastercard’s Head of Crypto for Europe, said that the company’s approach to crypto remains consistent with its mission to enable secure, compliant payments.
“Our strategy hasn’t changed in 50 years,” Rau said. “Crypto fits into this logic. We are not seeking to reinvent the system but to enrich it.”
Mastercard Expands Crypto...
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