Mastercard is launching its new CBDC Partner Program to bring together major industry players. Among the many is Ripple (XRP) and Consensys.
Mastercard and the CBDC Partner Program together with Ripple (XRP) and others
The payments giant, Mastercard, has announced the launch of its new CBDC Partner Program, with the aim of bringing together key players in the Central Bank Digital Currency industry.
Mastercard’s first set of partners sees the CBDC platform Ripple, Consensys, Fluency, Idemia, Consult Hyperion, Giesecke+Devrient, and Fireblocks.
Specifically, Mastercard has considered Ripple (XRP) for the launch of a first national stablecoin issued by the government in collaboration with the Republic of Palau, in addition to work on four pilot CBDCs.
In this regard, Raj Dhamodharan, head of digital assets and blockchain at Mastercard said:
“We believe in payment choice and that interoperability across the different ways of making payments is an essential component of a flourishi
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