Mastercard Now A Member Of The R3 Consortium
One of the leaders in the payments industry, Mastercard has recently partnered with Ripple-backed Fintech research company R3 to expand its blockchain platform for cross-border settlements.
According to Mastercard’s Vice President on New Payments Platform, the goal of their company is to deliver global infrastructure choice and connectivity as demonstrated through our recent strategic acquisition and partnerships.
R3 is backed by Ripple, the company that holds the highest number of XRP tokens which also created its own payment software.
While this news might lead to some excitement among holders of XRP it is not yet clear if the new partnership will in any way involve cryptocurrency.
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- Houbi Exchange Founder Now CEO At Hong Kong Holding Company
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