According to Odaily, Kulipa, a startup specializing in crypto payments, is collaborating with Mastercard and Argent to launch its first debit card. The card will utilize Zero-Knowledge (ZK) technology to ensure low-cost and scalable transactions. Mastercard is reportedly further expanding into the cryptocurrency sector, including establishing partnerships with Ledger and MetaMask.
The partnership between Kulipa, Mastercard, and Argent signifies a significant step in the integration of traditional financial services and digital currencies. The use of ZK technology in the debit card will provide users with a secure and efficient method of conducting transactions.
Mastercard's move to further its presence in the cryptocurrency sector is indicative of the growing acceptance of digital currencies in mainstream finance. The partnerships with Ledger and MetaMask will enable Mastercard to provide more comprehensive services to its customers in the digital currency space.
