mastercard

Mastercard is developing an innovative multi-token network based on blockchain, which is designed to connect traditional financial institutions with the world of digital assets. This project is led by Raj Dhamodharan, the company's executive vice president of blockchain and digital assets.
What does this mean for the financial world?
The idea is to create a user-friendly interface for working with digital assets, similar to services such as Venmo or Zelle. Mastercard aims to become a key infrastructure player in the blockchain ecosystem, ensuring the ease of transactions between fiat currencies and crypto assets. This will make it easier for financial institutions to interact with blockchain technology and find new business models.
Who is already cooperating with Mastercard?
Mastercard has already established partnerships with major banks such as JPMorgan and Standard Chartered. The focus is on cross-border payments, tokenized deposits, and carbon credit transactions. Moreover, Mastercard has implemented over 100 cryptocurrency card programs, providing 3.5 billion cardholders with the opportunity to work with digital assets.
Investments and future plans
Since 2015, the company has filed more than 250 blockchain-related patents and supported 43 startups in the field. Recent initiatives include integration with JPMorgan in November 2024 to improve cross–border settlements and collaboration with Ondo Finance in February 2025 to combine institutional financial assets.
Mastercard is expanding its influence in the blockchain as U.S. regulators become more open to digital assets. The company hopes that its scale and resources will accelerate the implementation of blockchain technologies in traditional financial systems.
Do you think Mastercard will become a major player in the new blockchain economy?
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