Mastercard Strengthens Its Positions with Blockchain and Revenue Growth
Date: 2025-02-14 Author: Henry Casey Categories: BLOCKCHAIN
Mastercard (NYSE:MA) continues to develop blockchain solutions and digital assets, which is in line with its innovation strategy. In 2024, the company tokenized 30% of transactions, increasing the level of digital security.
According to CoinTelegraph, Mastercard takes a balanced approach to digital currencies, managing risks and collaborating with crypto platforms. Consumers can purchase cryptocurrency with Mastercard cards and use it in stores, which confirms the recognition of stablecoins as a promising payment instrument.
The company's financial indicators show growth: in 2024, revenue increased by 12%, reaching $ 28.2 billion. At the same time, Mastercard acknowledges that stablecoins can become competitors to traditional payments, especially against the backdrop of their increasing regulation.
The US is already drafting a bill to regulate stablecoins, which, according to the initiators, will strengthen the dollar's position. Their importance is confirmed by statistics: the volume of stablecoin transfers in 2024 reached $27.6 trillion, exceeding the figures for Visa and Mastercard. According to CEX.io analyst Ilya Otychenko, this is due to the active use of bots that increase market efficiency.
