News22 February 2023

Mastercard payment system to introduce payment function using USDC stablecoin

Share

Mastercard-Immersve uses decentralized protocols for real-time calculations based on current exchange rates.

Users will be able to use their existing Web3 wallets for direct crypto payments, without relying on a third party to provide security.

Instead, Immersve will collaborate with a third-party settlement provider and allow its users to use USDC for all purchases.

In theory, this feature should deprive us of the need for a centralized storage of our data and tokens, which seems good, but on the other hand, no specific details have been given to us yet.

We will wait and see how the initiatives of such large players will be combined with the SEC's and various other regulators' efforts to regulate everything. Only time will tell.


Wow, great news, right? And we have many more of them! So follow us on Telegram not to miss anything: subscribe.

Share

Join 25,000+ crypto founders, speculators and researchers.

Another Stuff