Mastercard revealed in a recent U.S. SEC filing that it successfully tokenized 30% of its transactions in 2024. The company also acknowledged the growing influence of stablecoins and cryptocurrencies, highlighting their potential to reshape traditional financial services. As part of its commitment to advancing payment technologies, Mastercard emphasized its efforts ...
According to a recent report by ARK Invest titled "Big Ideas 2025," stablecoin adoption surged in 2024, with transaction volumes reaching a record-breaking $15.6 trillion, surpassing the combined volumes of major players like Visa and Mastercard by notable margins—119% over Visa and 200% over Mastercard. This surge represents a five-year ...
Mastercard has launched its Crypto Credential solution in the EEMEA region, beginning with the UAE and Kazakhstan. This initiative aims to enhance the accessibility and security of cryptocurrency transfers, marking Mastercard's entry into this market. The Crypto Credential service allows users to send and receive digital assets using simple aliases ...
Global payments giant Visa has partnered with WireX to accelerate the adoption of virtual currencies in the United Kingdom and Europe. This collaboration, announced in a press release on Monday, July 15, 2024, aims to leverage the strengths of both companies to create innovative payment solutions and reduce friction in ...
Mastercard has made another move to solidify its presence in the cryptocurrency industry with the launch of a new feature, "Crypto Credential." This feature, which allows users to conduct crypto transactions using simple aliases instead of complicated blockchain addresses, is expected to usher in a new era of simplified digital ...
Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential benefits and challenges of central bank digital currencies (CBDCs) and how to implement them safely and effectively. In its announcement, Mastercard cited the Bank for International Settlements report that multiple ...
