Mastercard Crypto Chief: The company has moved from the experimental stage to providing actual crypto solutions

On February 19, Mastercard's Crypto and Blockchain Business Lead Raj Dhamodharan stated that the company has moved from the experimental stage to providing actual crypto solutions. Mastercard recently collaborated with the compliance company Notabene, integrating its Crypto Credential system into the SafeTransact platform, enabling users to transfer crypto assets using email addresses instead of complex wallet addresses. Mastercard's focus for 2025 will be on three areas: building crypto on-and-off-ramps, expanding Crypto Credential functionalities, and stable coin business. The company currently supports financial institutions in using stable coins for transaction settlements and plans to announce more partnerships and use cases this year.