Binance has launched its prepaid crypto debit card for verified users across several countries in the Commonwealth of Independent States, including Armenia. This allows users to spend crypto in every transaction while merchants receive in traditional fiat currency. What are the benefits of this card? The Binance Mastercard card can
The Chief Executive Officer of Circle, Jeremy Allaire, mentioned that USDC, a stablecoin pegged to the US dollar, was meant to operate independently from other traditional payments technology companies like Visa and Mastercard. In his speech on CNBC’s Squawk Box during the recently concluded Economic Forum held in Davos, Allaire
Mastercard has partnered with MoonPay to launch a payment card which will allow users to transact with stablecoins at around 150 million merchants worldwide. This collaboration marks another step in Mastercard’s growing commitment to crypto, even as regulatory questions linger over stablecoins. Mastercard and MoonPay Join Forces to Expand Stablecoin
Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card. This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give
In order to test distributed ledger technology for financial settlements utilizing tokenization, Mastercard has partnered with major US banks including Citigroup, Visa, and JPMorgan. This collaboration between the payment processor and the banking titans is a test run in Regulated Settlement Network (RSN), a distributed ledger technology. Through RSN, it
The cryptocurrency effort of 1inch Network, an aggregator of decentralized exchanges (DEXs), includes the introduction of a Web3 crypto debit card. Baanx, a developer well-known for its crypto card technology, is collaborating on this initiative with the backing of Mastercard, a worldwide payments giant. The 1inch Card is a new
Mastercard, a payments behemoth, is collaborating with Swoo Pay, a mobile payments service that focuses on developing countries, to provide loyalty benefits in crypto. Major payment networks such as Visa and Mastercard have long allowed users to earn digital currencies as a kind of incentive, similar to loyalty points. Not
Financial services giant Mastercard has announced a new cooperation with AI startup Feedzai. Mastercard said the association intends to increase its capacity to recognize and avoid fraud channeled via cryptocurrency exchanges. The report claims that Feedzai will soon be directly connected with Mastercard’s CipherTrace Armada platform, a banking tool that
Bitunix, a prominent cryptocurrency derivatives exchange, has unveiled its latest feature that allows users to conveniently purchase cryptocurrencies using Visa and Mastercard credit cards directly on its platform. This integration aims to streamline the process of acquiring digital assets, making it more accessible to a wider audience. Bitunix Expands Payment
Mastercard, a leading global payment technology company, has made headlines with its recent filing of a trademark application related to the development of crypto and blockchain software. The move suggests Mastercard’s intention to explore and potentially harness the potential of cryptocurrencies and blockchain technology in its suite of financial services.
