Re:MasterCard to open up network to cryptocurrencies
by PragmaticPulp on Thursday February 11, 2021 @12:42PM
(#26104652)
They're not interested in making the vision of cryptocurrency a reality any more than it enhances their bottom line.
Mastercard is offering exchange services. They will collect exchange fees on transactions, just like PayPal and other providers.
They won't even bring blockchain into this any more than necessary. They'll handle it in databases like everyone else, only engaging with the blockchain as necessary for deposits and withdrawals.
Mastercard is offering exchange services. They will collect exchange fees on transactions, just like PayPal and other providers.
They won't even bring blockchain into this any more than necessary. They'll handle it in databases like everyone else, only engaging with the blockchain as necessary for deposits and withdrawals.