Quick Breakdown: Mastercard expands crypto services with on/off-ramps, crypto cards, and wallet integrations. Stablecoins are seen as tools to speed up settlements, not replace traditional protections. Partnerships with MetaMask, Bitget, and MoonPay bring crypto payments closer to mainstream use. Mastercard is deepening its involvement with digital assets but stresses that ...
Chainlink has announced a landmark partnership with Mastercard aimed at bridging traditional finance and DeFi. The collaboration allows Mastercard’s more than 3 billion cardholders to purchase cryptocurrencies directly onchain, marking a major milestone in the mainstream adoption of digital assets. Enabled by Chainlink’s secure interoperability infrastructure and Mastercard’s global payments ...
Mastercard and PayPal are teaming up to streamline the online and in-store checkout experience, offering consumers greater flexibility and control over their payment methods. Central to the initiative is Mastercard’s newly introduced “One Credential” — a single, unified digital identity that lets users manage multiple payment preferences without juggling different ...
Mastercard is taking another significant step toward mainstream crypto adoption, announcing a new initiative allowing over 150 million merchants on its global network to accept payments in stablecoins. The move is part of a broader partnership with payments processor Nuvei and stablecoin issuers Circle and Paxos. Through the collaboration, merchants ...
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 ...
