Mastercard European executive: The possibility of developing its own blockchain in the future is not ruled out

According to TheBigWhale, Christian Rau, head of Mastercard's European crypto business, said in an interview that the company regards crypto assets as potential payment technology rather than disruptive innovation. Mastercard has currently deployed cryptocurrency up-and-down chain services and cryptocurrency payment card services, and has cooperated with MetaMask, Bitget and Moonpay to promote the application of cryptocurrency payment on the merchant side. Rau noted that although stablecoin transactions have exceeded Mastercard, the company regards it as a settlement tool rather than a threat. Mastercard processes about 5,000 transactions per second, and its value lies not only in transaction speed, but also in supporting service systems such as anti-fraud, compliance and recourse. Although Mastercard does not have its own public blockchain project, it does not rule out this option: "We tend to be interoperable with existing solutions. But if none of them meet our needs, we will consider it."