Mastercard to Expand Cryptocurrency Team, Advance Blockchain Partnerships and Payment Operations
Odaily Planet Daily reported that Raj Dhamodharan, Mastercard’s Head of Crypto and Blockchain, stated that the payments giant is hiring two vice presidents to expand its crypto business. The positions include a Vice President and Head of Digital Asset Ecosystem Growth, as well as a Vice President and Head of Financial Institution (FI) Growth. Mastercard aims to bridge traditional finance with blockchain networks, and recently announced the inclusion of more stablecoins in its global payment system, along with the launch of the cross-border settlement service Mastercard Move based on USDC. This recruitment drive continues Mastercard’s active expansion in the crypto sector in recent years, including its participation in building the Paxos stablecoin network. (CoinDesk)
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