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    Home Mastercard Integrates Crypto Network With PayPal’s PYUSD Stablecoin

    Mastercard Integrates Crypto Network With PayPal’s PYUSD Stablecoin

    ByMay 31, 2024, 6:16 AM1 Mins read49 Views
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    Mastercard Integrates Crypto Network With PayPal’s PYUSD Stablecoin

    Mastercard has launched Mastercard Crypto Credential, a P2P network for sending and receiving cryptocurrencies across borders. The platform, focusing on users in Europe and Latin America, supports transactions on exchanges like Bit2Me, Lirium, and Mercado Bitcoin. CEO Leif Ferreira expressed enthusiasm for the partnership.

    Mastercard’s key executive, Walter Pimenta, emphasized the company’s initiative to foster growth in crypto and blockchain spaces. PayPal announced the availability of PYUSD on the Solana blockchain, ensuring faster and cheaper accessibility. The collaboration could contribute to the wider crypto ecosystem, enhancing the credibility and adoption of cryptocurrencies.

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