Mastercard Launches Crypto Partner Program with 85+ Industry firms

Mastercard has initiated a global crypto partner program, uniting more than 85 companies from the digital asset and payments sectors to collaborate on integrating blockchain-based systems with existing payment infrastructure. The program aims to connect crypto exchanges, blockchain networks, and infrastructure providers like Binance, Circle, Gemini, and Ripple with financial institutions to focus on use cases such as cross-border money movement, settlements, and commercial payments. This move signifies that digital assets are entering a new phase of practical application, building upon Mastercard's prior work in digital assets, including crypto-linked cards and blockchain startup support. The launch occurs as competitors like Visa also deepen their integration of digital assets, with Mastercard noting that about 30% of its transactions were tokenized in 2024.

(Source：Cointelegraph)