MasterCard Executive Says Blockchain is a Payment Technology, Not Revolution
MasterCard is making it clear that cryptocurrencies and blockchain are not a financial revolution, but rather a tool to improve existing payment systems. According to Christian Rau, Head of Crypto for Europe at MasterCard, the company sees digital assets as an additional layer in its global payments network, designed to make transactions easier, faster, and safer. Rather than trying to replace traditional financial systems, MasterCard aims to integrate crypto in ways that enrich the current infrastructure. The company continues to offer services that connect traditional banking with digital assets. This includes on- and off-ramp services and cards linked to crypto…
