Mastercard to Enable 3.5 Billion Cardholders for Bitcoin and Crypto Transactions via Blockchain Network

Mastercard Inc. has announced plans to enable its 3.5 billion cardholders to transact with Bitcoin and other cryptocurrencies, according to Business Insider. The company is developing a blockchain-powered payment network aimed at facilitating seamless fiat-to-crypto transactions for consumers, merchants, and financial institutions.

This initiative, which Mastercard describes as a 'sizable bet', includes the development of tools such as Crypto Credential and a Multi-Token Network, alongside over 100 crypto card programs, to make digital asset transactions easy, secure, and mainstream.

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