Why Mastercard’s $2B move into crypto could end banking hours as we know them

Mastercard’s rumored $2-billion crypto deals could bring 24/7 settlement to traditional finance, but liquidity, risk and compliance may slow it down.

Mastercard is in talks to buy Zero Hash, following earlier interest in BVNK, in a push toward 24/7 stablecoin settlement.

The deals could give Mastercard a turnkey onchain payments stack, accelerating its move from pilot to production.

Stablecoin-based settlement would let banks and merchants transact continuously, bypassing batch cutoffs and weekend delays.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *