Mastercard Aims to Support Bitcoin Payments for 3.5 Billion Cardholders Worldwide

# Mastercard Advances Blockchain-Based Payment Network to Facilitate Bitcoin and Cryptocurrency Transactions Mastercard is stepping up its cryptocurrency efforts by leveraging a blockchain-based payment network to enable Bitcoin(BTC) and cryptocurrency transactions. The initiative aims to allow Mastercard’s 3.5 billion cardholders worldwide to seamlessly conduct transactions using cryptocurrencies. According to The Defiant on November 1 (local time), Mastercard recently unveiled plans to develop a digital asset payment system that includes a blockchain-driven "Multi-Token Network" and "Crypto Credential." The project is designed to streamline the conversion between fiat currencies and cryptocurrencies for consumers, merchants, and financial institutions alike. Mastercard described the move as a “sizable bet,” positioning it as a significant step to push cryptocurrency payments into mainstream financial systems. Currently, the firm operates over 100 cryptocurrency-linked card programs, with a stated goal of enhancing both the security and accessibility of digital asset payments. This project is drawing significant attention as it represents a breakthrough in implementing blockchain technology within global payment infrastructure, potentially setting a precedent for introducing advanced payment solutions into real-world consumer environments.