Mastercard Outlined 3-Pronged Strategy to Support the Growing Crypto Community

📣 @Mastercard Outlined 3-Pronged Strategy to Support the Growing #CryptoCommunity

👉 The #creditcard giant said during the virtual event at its annual investor’s day conference that it would focus on “#cryptoenablement.”

👉 It encompasses purchasing, spending, cashing out and #rewards involving cryptocurrency; crypto security, including identity services; and network access, which covers interoperability, #stablecoins and #CBDC.

👉 Mastercard senior executives believe that crypto payment flows, including remittances, traditional finance (#TradeFi) and decentralized finance (#DeFi), represent net new volume for the company.

👉 Mastercard has been bolstering its #crypto offerings lately, with partnerships in Asia Pacific that will allow consumers and businesses across #Asia Pacific to obtain crypto-linked Mastercard credit, debit and #prepaidcards.

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