Payments giant Mastercard has announced that it will expand its payment-focused advisory services for crypto and digital currencies, helping to develop central bank digital currencies (CBDC).
The financial services giant said its new offerings for banks and investors will cover everything from cryptocurrency and NFT strategy to crypto cards and loyalty programs.
Mastercard Can Help Develop CBDCs
Mastercard said in a statement that the firm also wants to help banks explore the possibility of developing and implementing CBDCs through its testing platform.
Financial services giant Mastercard had previously developed cryptocurrency cards with Wirex and BitPay. Mastercard is currently gearing up for the future of crypto and payments.
More recently, Mastercard has partnered with Amber, Bitkub, and Coinjar to make crypto-focused payment cards for customers in Asia.
When it comes to NFTs, Mastercard has announced that it will offer a payment option for Coinbase’s new NFT platform.
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