Far from being a simple token for decentralised finance, crypto has recently expanded to centre around speedy remittance and global crossborder payments.
Stablecoins, ranging from USDC to Ripple USD, are cryptocurrencies pegged to stable fiat such as the US Dollar.
Mastercard recently announced a programme uniting more than 85 crypto partners to ensure that as digital assets continue innovation, especially among changing regulatory landscapes, there is a community to foster that innovation.
In a blog post, the fintech titan states that collaboration will bring the“ next phase of on-chain payments”. Crypto. com is listed among one of the more than 85 partners of the programme.
The programme aims to bring a more practical approach to“ translating technical innovation into scale”, Mastercard says.
The uptake of interest in crypto can only mean that popularity, among consumers and financial institutions alike, could result in the latest wave of fintech innovation – ultimately making crypto more accessible to all.
fintechmagazine. com
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