Mastercard builds a multi-token network, aiming to become the "encrypted version of Venmo" in the Blockchain space.

DailyNews

2025-04-01 12:49:38

PANews April 1st news, according to Business Insider, Mastercard is developing a “Multi-Token Network” aimed at replicating the success of its traditional Payment Network, providing digital asset trading infrastructure for consumers, merchants, and Financial Institutions. This system will integrate on-chain and off-chain asset flows, ensuring Compliance and optimizing user experience. Mastercard has partnered with JPMorgan, Standard Chartered, and others to explore scenarios such as cross-border payments and carbon credit tokenization, having filed over 250 blockchain-related patents since 2015.

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