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Mastercard To Use Stablecoins In a Simplified Crypto Payments Card Offering

Payment giant announces an enhanced card program for digital wallets and exchanges that aim to convert cryptocurrencies into real money. The project is expected to provide a new experience for consumers who want to use digital assets to pay or spend money by using real currency such as US dollars.

Raj Dhamodharan, Executive Vice President of Digital Asset and Blockchain Products at Mastercard said, “Today not all crypto companies have the foundational infrastructure to convert cryptocurrency to traditional fiat currency, and we’re making it easier,.”

cr. : https://cryptonews.com/news/mastercard-to-use-stablecoins-in-a-simplified-crypto-payment-11137.htm

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