Mastercard Allow Direct Payment In Stablecoins From Your Crypto Wallet

Mastercard has been on the forefront in the adoption of cryptocurrency as a medium of payment, either for large or small scale businesses. With cryptocurrencies adoption on the rise the fin-tech company has been able extend it’s tentacles towards that extreme of these bubbling sector.

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With their recent announcement that it is now possible for you to make transactional payment directly from your crypto wallet is another feather on the cap for them. Their recent collaboration with web3 company Immersive which is a payment solution in New Zealand and Australia is saying that there are allowance to see users make payment straight from their wallet.

The stable coin in question that will be used to facilitate this move is the USDC, how it’s going to work the StableCoin will be convert to fiat currency on Mastercards network during the transactions. Further more as Web2 and Web3 increasingly converge, Mastercard remains committed to partnering with like-minded organizations like Immersve to scale and secure the blockchain ecosystem to make simple, safe cryptocurrency transactions, and even payments in the metaverse, easily accessible to billions of consumers.

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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

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