Mastercard's Head of Crypto Europe, Christian Rau, explained that the company sees cryptocurrencies as a potential payment technology rather than a 'financial revolution.'
Mastercard's Strategy in Crypto
Rau emphasized that Mastercard's strategy is based primarily on safe and legally compliant payments.
The Future of Stablecoins
Rau stated that stablecoins could improve the efficiency of international payments, but he added that these assets are unlikely to replace the traditional safeguards offered by the current financial system.
The Role of Cryptocurrencies in Traditional Finance
The Mastercard executive stated that the company currently has no publicly announced plans to develop its own blockchain infrastructure, but that the option isn't completely ruled out. Experts note that Mastercard's stance signals a more balanced and regulatory-focused approach to the sector.
Mastercard's statements are seen as an important signal about how traditional finance and the cryptocurrency ecosystem may interact.
