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As political tailwinds lift the crypto industry, Mastercard hopes to cash in on a bet it started years ago. The payments giant is looking to replicate its massive card network for the blockchain world to create a way for consumers, merchants, and financial institutions to transact digital assets.
"We bring the scale and reach that we have to the space for the money to flow between the two worlds in a simple way," Raj Dhamodharan, Mastercard's executive vice president of blockchain and digital assets, said of traditional finance and decentralized finance.
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