Mastercard to allow crypto payments in Web3 via USDC settlements By Cointelegraph
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A partnership between Web3 payment protocol Immersve and payments giant Mastercard (NYSE:) will allow users to make crypto payments on digital, physical and the Metaverse worlds. (USDC) tokens — a US dollar-backed stablecoin issued by Circle — will be used to settle transactions on Mastercard’s network.
The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online. Users will be able to use their existing Web3 wallets to make direct crypto payments without relying on a third party for collateral.
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A partnership between Web3 payment protocol Immersve and payments giant Mastercard (NYSE:) will allow users to make crypto payments on digital, physical and the Metaverse worlds. (USDC) tokens — a US dollar-backed stablecoin issued by Circle — will be used to settle transactions on Mastercard’s network.
The Mastercard-Immersve partnership uses decentralized protocols to settle real-time cryptocurrency transactions on outlets accepting Mastercard payments online. Users will be able to use their existing Web3 wallets to make direct crypto payments without relying on a third party for collateral.
Continue Reading on Coin Telegraph
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