Yesterday Mastercard unveiled its central bank digital currency (CBDC) partner program, which aims to promote collaboration to enable innovation and efficiencies. The initial partners are Consensys, Consult Hyperion, Idemia, Fireblocks, Fluency, Giesecke+Devrient (G+D) and Ripple.
“We believe in payment choice and that interoperability across the different ways of making payments is an essential component of a flourishing economy,” said Raj Dhamodharan, head of digital assets and blockchain at Mastercard. “As we look ahead toward a digitally driven future, it will be essential that the value held as a CBDC is as easy to use as other forms of money.”
Mastercard also highlighted its own work on CBDC in Hong Kong, Brazil, the US (RLN), Australia and England.
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