Roughly 80% of the world’s payment infrastructure MasterCard And Visa’s is under its control. So we can say that they have a monopoly. US-based payment systems and financial services companies are among those who cannot remain silent, whether they like it or not, about the transformation of finance with crypto. We have already shared numerous crypto partnership and R&D news. Now things are getting serious. Mastercard is preparing for a big step.
Cryptocurrencies Last Minute
We are talking about a company that mediates nearly 10 trillion dollars of transactions in 210 countries and regions. It mediates 51 billion transactions in just one quarter. Huge numbers and this is not surprising since Mastercard is a global company. This global company can no longer remain silent about the transformation of world finance with crypto, and in fact, it is doing more and purchasing Zerohash for 2 billion dollars, according to Fortune sources.
Zerohash why? It is a US-based startup that offers crypto payments, trading and stablecoin infrastructure. The company, which provides services with its blockchain infrastructure, is the kind of brand that can accelerate Mastercard’s presence in the crypto space. Coinbase and Mastercard jointly want to acquire this company for 2 billion dollars.
Payment company Stripe’s stablecoin initiative Bridge After its recent acquisition for $1.1 billion, the giants said “it’s time to accelerate.” Trump will be in office for more than 3 more years and GENIUS stablecoin services became law. More crypto legislation is coming, meaning financial giants have little time to “take advantage of early action” to make money by launching regulated crypto-focused services.
