The move is made via a partnership with Immersve using its decentralized protocols for real-time transactions. Mastercard’s new partnership with Immersve, a Web3 crypto payment protocol, will soon make it possible for users to use cryptocurrency to complete purchase transactions in-person, online and in the metaverse. Consumers will be able to use the Mastercard network for shopping with cryptocurrency. Once the crypto payments have been successfully sent from the user’s end, a US dollar-backed stablecoin called USD Coin, which is issued by Circle, is converted into fiat so that it…
Read MoreMastercard will soon permit crypto payments in Web3 using USDC settlements
