Mastercard is intensifying its focus on cryptocurrency and blockchain technology by hiring two senior leaders in the U.S. The roles include a Vice President, Head of Digital Assets Ecosystem Growth, who will develop partnerships within the digital asset space, and a Vice President, Head of Financial Institutions Growth, aimed at facilitating blockchain adoption among financial institutions. Raj Dhamodharan, Mastercard’s head of crypto and blockchain, highlighted the company’s mission to innovate in digital payments and reinforce its role as a bridge between blockchain and traditional finance. These new hires come as Mastercard seeks to leverage blockchain for solutions in business payments, cross-border transactions, and tokenized assets. Mastercard has made strides in integrating digital assets into its payment systems, notably through partnerships and developing solutions like its Multi-Token Network (MTN) and Crypto Credential.

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