Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
Payments giant Mastercard is exploring how best to collaborate with self-custody wallet firms like MetaMask and Ledger, according to a Web3 strategy workshop report seen by CoinDesk.
But wallet firms face significant demands on resources when introducing a card in a new region, which is where Mastercard and its issuance partners come in. The 57-year-old payments technology firm also said it is evaluating “new models for global issuance using stablecoin on chain settlement” and “inexpensive fast chains,” according to the deck.
Large credit card networks are moving ahead with crypto despite tough market conditions and regulatory uncertainty in places like the U.S. Earlier this year, Mastercard made clear its Engage program will focus onMastercard will release a set of franchise standards, or rules for partner firms, to ensure consumer protection, price competition and transaction monitoring requirements, according to the deck.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paramount+ Sets International Rollout Plans for Ad Tier, Premium PlansParamount+ has set the international rollout plans for its premium and ad tier subscriptions following a launch across more than 45 markets last year.
Read more »
Shiba Inu's Shytoshi Kusama Hints at Major CollaborationsRecent Telegram messages from Shytoshi Kusama, the enigmatic force behind the Shiba Inu cryptocurrency, have hinted at potential high-profile collaborations and a renewed focus on token utility
Read more »
Ex-Israeli military alums raise $33 million for web3 security startup BlockaidBlockaid, a web3 security startup co-founded by two former Israeli military cyber intelligence personnel, has raised $33 million in funding.
Read more »
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' ChallengesJamie Crawley is a CoinDesk news reporter based in London.
Read more »
Deutsche Telekom, MultiversX Teamed Up for Novel Web3 ExperiencesDeutsche Telekom becomes MultiversX validator to strengthen blockchain infrastructure
Read more »
Versatus: Aiming to Onboard the First 1 Million Developers to Web3, Reveals CEOExplore interview with Versatus Founder and CEO, Andrew Smith, discussing the blockchain trilemma and developer ecosystem.
Read more »