Mastercard Europe executive: The possibility of developing its own blockchain in the future is not ruled out
According to Jinse Finance, TheBigWhale reported that Christian Rau, Mastercard's Head of Crypto for Europe, stated in an interview that the company views crypto assets as a potential payment technology rather than a disruptive innovation. Mastercard has already deployed on-chain and off-chain crypto services and crypto payment card businesses, and is collaborating with institutions such as MetaMask, Bitget, and Moonpay to promote the application of crypto payments on the merchant side. Rau pointed out that although stablecoin transaction volumes have surpassed those of Mastercard, the company regards them as settlement tools rather than threats. Mastercard processes about 5,000 transactions per second, and its value lies not only in transaction speed but also in its supporting services such as anti-fraud, compliance, and recourse systems. The report states that although Mastercard does not have its own public blockchain project, it does not rule out this option: "We prefer interoperability with existing solutions. But if none can meet our needs, we will also consider it."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Forward Industries lost $56 million in SOL holdings last week
Data: 458 million SUN transferred from SUN.io to Justin Sun, worth approximately $9.6 million
Data: Justin Sun transferred 11.5633 million USDT, worth 11.5633 million USD
