Mastercard: Focus on breakthroughs in five key areas including crypto cards, the metaverse, and NFTs, committed to turning cryptocurrency into everyday payments

ChainCatcher news, Mastercard recently outlined 5 key areas of focus in its research, aimed at "turning cryptocurrency into an everyday payment method." These 5 areas of research include crypto cards, crypto services, payments, crypto networks, and the metaverse/NFT.

In the area of crypto cards, Mastercard announced dozens of new crypto card projects globally this year; in crypto services, Mastercard expanded its crypto consulting business and launched a new type of crypto monitoring product through the acquisition of Ciphertrace; in payments, Mastercard collaborated with Paxos, Circle, Evolution, and Uhold to develop technology that converts cryptocurrency into fiat currency; in crypto networks, Mastercard will introduce approved digital assets into its crypto network; in the metaverse/NFT area, Mastercard is developing crypto partnerships to support NFTs and the metaverse. For example, Coinbase users can pay for NFTs with Mastercard. (source link)