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Mastercard’s CBDC Partner Program: Advancing Cryptocurrency Collaboration

Payment giant Mastercard has established a forum to foster collaboration and discussions within the cryptocurrency industry regarding central bank digital currencies (CBDCs). In a blog post on Thursday, Mastercard announced the launch of the CBDC Partner Program, which has already attracted prominent participants like Ripple, Fireblocks, and Consensys. The primary aim of Mastercard’s program is to encourage dialogue, innovation, and efficiency within the cryptocurrency industry. CBDCs differ from cryptocurrencies, they share similarities and could potentially utilize blockchain technology, the foundation of popular cryptocurrencies such as Bitcoin.

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