Binance, PayPal, and Ripple join Mastercard’s massive new push into blockchain payments

Mastercard has launched a new Crypto Partner Program, uniting more than 85 companies from the digital asset and payments industries to connect blockchain technology with existing global commerce infrastructure. Participants include major players like Binance, Circle, Ripple, Gemini, PayPal, and Paxos. The program will focus on practical applications such as cross-border transfers, business-to-business payments, and global payouts. Mastercard aims to bridge the gap between traditional payment rails and on-chain systems, leveraging its network that connects banks, merchants, and consumers in over 200 countries. This initiative builds upon Mastercard’s previous engagements with the digital asset industry, mirroring similar efforts by competitors like Visa, and addresses the complexities of integrating digital assets into everyday commerce by focusing on standardization, regulation, and cross-border compatibility.

(Source：CoinDesk)