Cryptocurrency Analysis and News Portal
Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks!And
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The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered
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Global payment provider Mastercard is launching a stablecoin digital wallet integration with the Australian stablecoin platform Stables.Mastercard and Stables on March 20 announced a collaboration to allow retail customers in the Asia-Pacific (APAC) region to spend their stablecoins anywhere Mastercard is accepted.The collaboration involves a stablecoin-only wallet built by Stables,
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Crypto exchange Bybit has partnered with leading payment processor Mastercard to launch a debit card that facilitates crypto payments. According to reports, these cards would enable users to pay for goods and services from their crypto holdings. However, this payment process does not support direct payment in digital currencies. Instead, the payment process
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Crypto cycles aren’t for the faint-hearted. As the industry continues to evolve from the cypherpunks into the mainstream, we can expect a lot of growing pains. The dumpster fire that was 2022 may have scared off many companies interested in exploring the sector. Case in point: Visa and Mastercard’s embrace
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The crypto debit card introduced by Bitso will have worldwide utility. Top Latin American crypto exchange, Bitso, in partnership with Mastercard, has announced the launch of its crypto debit card for Mexican customers. The duo first announced their partnership to launch a debit card in August 2022. Bitso’s CEO Daniel Vogel
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Mastercard’s portfolio of crypto partnerships in Latin America also includes Binance, Belo and Buenbit. Source
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The RBA is set to explore various use cases for its central bank-issued digital currency (CBDC). The Reserve Bank of Australia (RBA) has confirmed that it is teaming up with payments company Mastercard as the testing phase of its CBDC, digital dollar – the eAUD, gets underway. According to the RBA, it
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The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway. Original Source
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According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last
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