MasterCard is forming its own crypto team, The payment solutions company has called for applications to work in the dynamic intersection of cryptocurrencies and payments in its recruitment listing. Mastercard added that the hired people will monitor ecosystem trends in cryptocurrency as well as develop upcoming products and solutions. hope you remembered facebook's Libra too. it's no news that crypto is nothing but the future . we are getting there
So they are in it, I think I've heard about this news already before and since crypto is meant to compete against their system. Instead of beating it, they are now joining the crypto madness.
As expected, they can't ignore on how quick it is the progress of crypto worldwide.
Cryptocurrency was not going to defeat any payment system, and it does not have such an opportunity. An alternative means of payment, this does not necessarily mean fierce competition. The fact that the cryptocurrency will connect to payment cards is quite logical and logical. Thus, it will be very convenient for cryptocurrency users, which means cryptocurrency will develop further.
Even now, the XCard campaign has appeared, which will create its own universal wallet with various payment cards, primarily with Visa. Of course, why should MasterCard miss such an opportunity to control the process completely. If they do not do it themselves, others will do it, but the profit will need to be shared.