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Mastercard Brings Blockchain Network to Digital Asset Users

  • Mastercard is developing a blockchain network to simplify digital asset transactions for consumers, merchants, and banks.
  • The project aims to mirror Mastercard's card network into blockchain for secure and practical digital transfers.
  • Mastercard is collaborating with global banks to focus on cross-border transactions using tokens to reduce costs and increase transaction speeds.
  • They are targeting emerging crypto markets, such as the United Arab Emirates and Kazakhstan, and aiming to become a crypto infrastructure provider.

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