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.
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How Mastercard is building the Venmo of crypto
"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.
