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Mastercard tokenized 30% of its 2024 transactions per SEC filing

Mastercard embraces blockchain innovation to stay ahead in the competitive payments landscape.

CryptoSlate

Feb 13

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Happy Thursday!

In a significant move towards blockchain integration, Mastercard has announced that 30% of its transactions in 2024 will be tokenized, as detailed in a recent SEC filing. This strategic shift highlights Mastercard's commitment to innovation in the competitive payments landscape, recognizing the disruptive potential of stablecoins and cryptocurrencies. Meanwhile, the Pi Network is preparing to expand to external networks despite facing challenges with major exchanges, and BTC Inc along with Sora Ventures are taking active roles in HK Asia Holdings to enhance their Bitcoin strategy. Additionally, Robinhood has reported an impressive 700% increase in crypto revenue, driven by Bitcoin's surge above $100,000.

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The global crypto market cap is $3.18 trillion, with a 24-hour volume of $119.47 billion. The price of Bitcoin is $96,422.86, and BTC market dominance is 60.0%. The price of Ethereum is $2,664.64, and ETH market dominance is 10.1%. The best-performing sector is Cat-Themed, which gained 13%. The Crypto Fear & Greed Index is currently Neutral (50).