7 Startups to Join Mastercard Program to Make Cryptocurrency More Accessible – Featured Bitcoin News

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Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We welcome a new group of startups to ease access to digital assets, build communities of creators and empower people to innovate for the future through Web3 technologies,” Mastercard said.

Mastercard: ‘Anyone who uses crypto should be able to do so simply and securely’

Payments giant Mastercard announced on Thursday that seven startups from around the world have joined its Start Path program. The information details:

Through Mastercard Start Path’s global startup engagement program, we work with digital asset, blockchain and cryptocurrency-based companies that share a vision to make blockchain technology and digital assets more accessible.

“We welcome a new group of startups to ease access to digital assets, build communities for creators, and empower people to innovate for the future through Web3 technologies,” the payments firm added.

The startups are Singapore-based Digital Treasures Center, Abu Dhabi-based Fasset, US-based Loot Bolt, US-based Quadrata, Colombia-based Stable, Dubai-based TBTM (Take Back the Mic) Studios and US-based Uptop.

They will join more than 350 companies from 40 countries that have participated in Mastercard’s Start Path program since 2014.

“NFTs [non-fungible tokens], blockchain games and metaverse experiences could transform how consumers shop and communicate,” described Mastercard. “But we need to collaborate and bring together technology, banking, fintech and crypto to unlock this potential.” The company elaborates:

There is no single vision for the crypto economy other than that anyone using crypto should be able to do so easily and securely. For Mastercard, it’s about offering choices in how people pay, use and buy crypto.

Mastercard is focusing on five key areas to make crypto an everyday way to pay. Last month, the company introduced a new program called Crypto Source to enable financial institutions to offer cryptocurrency trading and related services to their customers.

What do you think about Mastercard working with startups to make crypto more accessible? Let us know in the comments section below.

Kevin Helms

An Austrian economics student, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of economics and cryptography.

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