MasterCard Takes Action to Expand Crypto Partnerships

One of the world’s largest payment service providers MasterCardaccording to the news reflected in the press, wants to establish greater partnerships with the crypto industry.

The article published in Reuters today included the statement of a MasterCard executive. As government pressure on digital assets is increasing, the payment provider is seeking new collaborations for credit cards that can be paid in crypto.

Giant payment provider already Gemini, Binance And Nexo It works with crypto trading platforms such as Exchange customers in certain countries can use their wallets everywhere thanks to the crypto cards issued in their names.

“We Have Dozens of Partners”

Speaking to Reuters, Mastercard’s crypto and blockchain Raj Dhamodharan, the manager in charge of the departments, said:

“Cryptocurrencies have an innovative technology. We aim to provide citizens with safe access to these opportunities. We have many partners in crypto cards around the world and we will continue to do so.”

Despite the current environment, MasterCard’s targeting of expansion attracted the attention of crypto lovers. Especially FTX After its collapse, countries are scrutinizing companies that provide crypto services.

After this news, Mastercard announced that it is collaborating with some altcoins.

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