NYSE:MADiversified Financial
Mastercard Tests Tokenized Treasuries As It Deepens Crypto Payment Rails
Mastercard (NYSE:MA) took part in the first near real time cross border settlement of a tokenized U.S. Treasury fund using blockchain, working with JPMorgan and Ripple.
The pilot linked public blockchain infrastructure with traditional banking rails to support 24/7 settlement of tokenized Treasuries.
Mastercard also agreed to acquire BVNK and expanded crypto partnerships with firms such as KuCoin and Rain to support stablecoin backed and digital asset payments.
For you as an investor, this...