Ethereum L2 Development Advances While Mastercard Explores Crypto Payments
Ethereum L2 Development Advances While Mastercard Explores Crypto Payments
World Chain, an Ethereum Layer 2 solution, is preparing to launch a new feature on its mainnet on August 17, ahead of Ethereum's Glamsterdam upgrade. This marks a significant technical advancement for the Ethereum ecosystem. Concurrently, Mastercard is furthering its involvement in the digital asset space by piloting a 'Crypto Credential' initiative, aiming to enhance trusted cross-border stablecoin payment flows in collaboration with Borderless.xyz.
Ethereum L2 World Chain Rolls Out New Feature
The L2 World Chain is set to activate its streaming Block Access Lists feature on mainnet on August 17. This development precedes Ethereum's anticipated Glamsterdam upgrade, planned for later this year. The introduction of such features by Layer 2 solutions like World Chain is crucial for improving scalability and functionality within the broader Ethereum network.
Mastercard Expands Into Crypto with New Credential Pilot
Mastercard has announced a pilot program for its 'Crypto Credential' in partnership with Borderless.xyz. This initiative is designed to support and facilitate trusted cross-border stablecoin payment flows, signaling continued interest and investment from traditional financial institutions in integrating with the digital asset landscape.