Mastercard (MA) Deepens Tie to CBDCs as Nations Mull Issuing Central Bank Digital Currencies

Mastercard (MA) Deepens Tie to CBDCs as Nations Mull Issuing Central Bank Digital Currencies

CBDCs are not cryptocurrencies, but they’re in the same family. They don’t have to be, but they could be based on a blockchain, the ledger technology that powers Bitcoin and the rest of crypto. A CBDC would simply be a digital version of an existing fiat currency like the U.S. dollar, with the imprimatur of the issuing government.

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