According to CoinDesk, payment giant Mastercard is expanding its cryptocurrency business team and plans to hire two vice president level executives from its US headquarters. The person in charge of digital asset ecosystem growth will lead cooperation with stablecoin issuers, infrastructure providers, etc. to promote their multi token network (MTN) and other solutions; The head of financial institution growth will promote banks and other institutions to adopt blockchain technology and explore scenarios such as cross-border payments and asset tokenization.
Raj Dhamodharan, head of encryption business at Mastercard, stated that the company is committed to connecting traditional finance with blockchain networks. Recently, it has announced the inclusion of more stablecoins in its global payment system and the launch of Mastercard Move, a cross-border settlement service based on USDC. This recruitment continues its active layout in the field of encryption in recent years, including participating in the construction of the Paxos stablecoin network.
