MasterCard is deepening its progress on cryptocurrencies and plans to hire two senior leaders focused on digital assets and blockchain.
Payment giant is recruiting vice presidents, head of digital asset ecosystem growth, as well as vice presidents, heads of financial institutions (fi) Growth, all located in the United States
“MasterCard continues to build the next generation of payments and drives innovation in digital assets, and I’m happy to share two public roles on my team.” Raj Dhamodharan, Head of Crypto and Blockchain at Mastercard in a copy LinkedIn Posts.
The first role will oversee strategic partnerships throughout the digital asset space, working with issuers, infrastructure providers and startups to expand solutions like MasterCard’s multi-toke network and more (MTN) and encrypted credentials. The second role will focus on working with financial institutions to develop blockchain uses such as business payments, cross-border transactions and tagging assets.
Mastercard has been one of the most active traditional financial companies exploring cryptocurrencies for years, creating connections throughout the ecosystem. Recently, the company announced plans Integrate more stabilizers Enter its global payment network based on existing support for Circle USDC. It also launched Stablecoin-based cross-border transactions through MasterCard Mobile.
exist Interview with Coindesk Dhamodharan said earlier this year that Mastercard’s goal is to act as a bridge between blockchain networks and traditional finance, providing regulatory clarity while enabling new business models.
He added that financial institutions need to “provid (crypto) availability as widely as possible”.
