According to CoinDesk, Mastercard is setting up a test platform MTN, which will first explore tokenized bank deposits and launch a beta version in the UK this summer. Raj Dhamodharan, head of cryptocurrency and blockchain at Mastercard, said that many banks and financial institutions are being invited to participate in the test, and MTN plans to start testing central bank digital currencies (CBDCs) and regulated stablecoins at the appropriate time.