7 startups join the Mastercard program to make cryptocurrencies more accessible

Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We welcome a new cohort of startups to facilitate access to digital assets, build communities for creators and empower people to innovate for the future through Web3 technologies“said Mastercard.

Mastercard: Anyone who uses cryptocurrencies should be able to do so simply and securely.

Payments giant Mastercard announced on Thursday that seven startups from around the world have joined its Start Path program. The announcement is detailed:

Through the Mastercard Start Path Global Startup Engagement Program, we work with digital asset, blockchain, and cryptocurrency-based companies that share a vision for making blockchain technology and digital assets more accessible.

We welcome a new cohort of startups to facilitate access to digital assets, build communities for creators and empower people to innovate for the future through Web3 technologies“, added the payments company.

The startups are Singapore-based Digital Treasures Center, Abu Dhabi-based Fasset, US-based Loot Bolt, Colombia-based Quadrata, Stable, Dubai-based TBTM (Take Back the Mic) Studios, and Uptop , based in the United States.

They will join more than 350 companies from 40 countries that have participated in Mastercard’s Start Path program since 2014.

NFTs, blockchain games and metaverse experiences could transform how consumers shop and communicate“, describes Mastercard. “However, we need to collaborate and bring together tech, banking, fintech and crypto to unlock this potential.” The company has developed:

There is no single vision for the crypto economy, except that anyone who uses crypto should be able to do so simply and securely. For Mastercard, it’s about providing choice in how people pay, spend, and buy cryptocurrencies.

Mastercard is focusing on five key areas to make cryptocurrency an everyday means of payment. Last month, the company launched a new program called Crypto Source to allow financial institutions to offer cryptocurrency trading and related services to their clients.

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