Quote from: Vaskiy on October 27, 2021, 07:57:52 AM

This is just business and it has found the increase in the usage of bitcoin and other cryptocurrencies. For business growth it is always a must to move with the market trend and understanding the people's need. MasterCard is a billion dollar company, and it makes the largest number of transactions per second. If this has adopted cryptocurrency directly then it would've impacted the market big. What it has been doing is having third party services like bitpay that does the conversion of bitcoin and provides in fiat.

Mastercard doesn't have plans of receiving/accumulation of bitcoin. It has broadened it's business and not into real adoption.

Source : mastercard.com

This is something to be aware of, maybe Mastercard at the beginning of merging with crypto has a positive effect. however, with such a large influence mastercard can create a shock in the crypto market and this is something to watch out for. because shocks in the crypto market can affect prices

javainn

Posts

Merits