Mastercard Partners With Binance To Boost Crypto Purchases
Could Mastercard be a driving factor for mass crypto adoption? Mastercard CEO Michael Miebach recently announced the company’s next move in its partnership with Binance , the leading global crypto exchange in terms of daily trading volumes. According to Miebach’s Linkedin account, Mastercard will enable users to make crypto purchases at over 90 million stores in Argentina which accept Mastercard. Mieback shared the giant payment’s vision, stating that bringing crypto to daily purchases would, “unlock the full potential of blockchain technology when we make it easier to access + easier to use,” he added, “to make that a reality, we’re working with Binance to let people to use their crypto to make purchases at 90m+ stores that accept Mastercard.” More Interest in Crypto Adoption Prior to the move, the two entities had teamed up to roll out a new prepaid card in Argentina earlier this month. The Binance Card will simplify the crypto conversion process to fiat in real time. Th...