News from Wu Blockchain News

Christian Rau, Mastercard’s Head of Crypto for Europe, stated that the company sees crypto as a viable payment technology. This perspective underscores a commitment to ensuring secure and compliant payment methods.

Rau pointed out that stablecoins hold promise for improving cross-border settlements, yet he clarified they cannot fully replace existing traditional payment protections. Additionally, while Mastercard isn’t currently planning its own blockchain, it hasn’t completely ruled out the idea.

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