Mastercard Partners With Chainlink to Expand Crypto Payments Infrastructure
JOON HYOUNG LEE
Summary
- Global payments company Mastercard has entered into a partnership with Chainlink (LINK).
- The partnership will expand cryptocurrency payments infrastructure and strengthen connectivity between fiat currency and on-chain systems.
- Through the partnership, billions of Mastercard users will be able to bypass centralized exchanges (CEXs) and buy digital assets directly through on-chain smart contracts.
Forecast Trend Report by Period
Mastercard has partnered with Chainlink (LINK) to expand its cryptocurrency payments infrastructure.
BlockBeats reported on May 29 that Mastercard recently entered into the partnership with Chainlink.
The partnership is aimed at strengthening connectivity between fiat currency and on-chain systems. It will allow billions of Mastercard users to buy digital assets directly through on-chain smart contracts, bypassing the cumbersome process required by centralized exchanges, BlockBeats reported.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
