Mastercard highlights applications beyond payments for central bank digital currencies

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Mastercard’s chief executive discussed the payments firm’s ambitions in the area of central bank digital currencies (CBDCs) during a Thursday earnings call.
Though the company has long been clear about its interest in serving as a private-sector partner for CBDCs — Mastercard unveiled a testing environment platform for central banks last fall — CEO Michael Miebach’s comments, according to a transcript, added a new degree of specificity and suggested that this work could extend beyond the realm of payments.
“Specifically in CBDCs, I would describe it as relatively early days,” he said in response to a question about Mastercard’s efforts in this area, going on to note that “where we see our role to start with is to answer the question as you just asked, in partnership with governments, is what is the right construct.”
Miebach highlighted how some central banks have envisioned a “two-tier system” involving both public and private sector entities, including banks and payments firms. T

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Źródło: https://www.theblockcrypto.com/linked/103333/mastercard-cbdcs-payments-beyond?utm_source=rss&utm_medium=rss

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