Mastercard, Ripple, and Gemini Explore XRP Ledger for Card Transaction Settlements
Mastercard, Ripple, and Gemini Explore XRP Ledger for Card Transaction Settlements
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Leading payment giant Mastercard, in collaboration with cryptocurrency powerhouses Ripple and Gemini, is actively exploring the use of the XRP Ledger (XRPL) for settling card transactions. This strategic move aims to significantly boost transaction revenue and client acquisition for crypto platforms by integrating debit and credit card offerings with the efficiency of the XRPL.
Crypto platforms are hoping to generate more transaction revenue and add new clients by offering debit and credit cards.