Mastercard to enlarge the crypto team with two senior hits to generate blockchain initiatives

Mastercard deepens its thrust in the crypto with plans to hire two senior leaders focused on digital active ingredients and the blockchain.

The payments giant is recruiting for a vice-president, responsible for the growth of the digital asset ecosystem and vice-president of financial institutions (FI) Growth, both based in the United States

“Delighted to share two roles open to my team while Mastercard continues to build the next generation of payments and lead innovation through digital assets,” wrote Raj Dhamodharan, manager of the crypto and the Mastercard blockchain.

The first role will oversee strategic partnerships in the digital asset sector, working with transmitters, infrastructure providers and startups to evolve solutions such as Mastercard Multi-Token Network (MTN) and cryptographic references. The second role will focus on collaboration with financial institutions to develop blockchain uses, such as corporate payments, cross -border transactions and tokenive assets.

Mastercard has been among the most active traditional financing companies exploring the crypto, establishing links between the ecosystem for years. More recently, the company has announced its intention to integrate more stablescoins into its global payment network, based on the existing support for the Circle USDC. It also deploys cross -border transactions based on Stablecoin via Mastercard Move.

In an interview with Coindesk earlier this year, Dhamodharan said that Mastercard’s objective was to act as a bridge between blockchain networks and traditional finance, providing regulatory clarity while allowing new commercial models.

He added that financial institutions must “be very open to [crypto] Available as largely as possible. »»

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