Mastercard to expand cryptocurrency team, advance blockchain partnerships and payments

Odaily Planet Daily News: Raj Dhamodharan, head of crypto and blockchain at payment giant Mastercard, said that Mastercard is recruiting two vice presidents to expand its crypto business, including a vice president and head of digital asset ecosystem growth, and a vice president and head of financial institution (FI) growth. It is reported that Mastercard will be committed to connecting traditional finance with blockchain networks. It has recently announced that it will incorporate more stablecoins into its global payment system and launch a cross-border settlement service Mastercard Move based on USDC. This recruitment continues its active layout in the crypto field in recent years, including participating in the construction of the Paxos stablecoin network. (CoinDesk)