Mastercard Offers Stablecoin Payments as TradFi Shifts to Crypto; Pumps Presa...
Mastercard unlocked a bold new solution yesterday, as regulatory clarity around crypto improves worldwide. Through end-to-end stablecoin acceptance and payment capabilities, the solution bridges TradFi with DeFi to open new commerce opportunities globally. Also stepping up in this arena is Best Wallet, one of the best anonymous crypto wallets. It’s getting set to launch its own card […]
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NFT-focused blockchain startup bitsCrunch has announced its upcoming partnership with leading payments service provider MasterCard. Set to be incubated through MasterCard’s Start Path program, a global startup engagement program designed to help startups scale, bitsCrunch and MasterCard aim to provide cutting-edge collaborative solutions to consumers. The MasterCard Start Path offers a diverse suite of startup […]
Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices is one dedicated to “crypto & digital currencies,” the company wrote. Noting that it is....
Quick Facts: 1️⃣ Coinbase and Mastercard are vying to acquire BVNK, a UK-based firm that integrates stablecoins into payments, cross-broder transfers, and treasury operations. 2️⃣ According to Fortune, purchasing BVNK could cost Coinbase or Mastercard anywhere between $1.5B and $2.5B. 3️⃣ The takeover talks come on the heels of the GENIUS Act being passed in […]
Ripple, a crypto payments company, has announced a major partnership with Mastercard to explore how the RLUSD stablecoin on the XRP Ledger (XRPL) can facilitate the settlement of fiat card transactions. This collaboration aims to modernize payment infrastructure by integrating blockchain technology with traditional banking, providing faster, more transparent, and fully compliant transaction processing. The […]
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto is on the “cusp of really going mainstream.” Mastercard to Help Banks Offer Crypto Services Mastercard introduced a new program called Crypto Source Monday that will bring “crypto trading capabilities to banks.” In partnership with regulated and licensed crypto custody....