Yesterday, a new chapter was opened with the announcement of a A strategic partnership between MasterCard and KarakinOne of the most important encryption platforms in the world. the goal? To facilitate the use of cryptocurrencies in daily paymentsIn the United Kingdom and throughout Europe.
The common goal between MasterCard and Kraken: Pay in Crypto anywhere, such as sending a message
Cooperation between Crakon and MasterCard It aims to bridge the gap between Traditional financing and Economy encryptionAnd increased access and simplicity of encoded currency payments. The message is clear: Allow millions of Kraken users Spending their digital assets More than that 150 million merchants around the world That accepts MasterCard.
David Ribli, CO-COO DI CornerSummarizing the meaning of this alliance:
“Cryptos converts the payment industry, and we see in the future as global and daily transactions will be operated with digital assets.”
Payment kits: The bridge between the digital currency and the real life
The heart of this cooperation is Kraken Pay, a recently presented feature by the platform that allows Immediate payments, without limits In more than 300 CRIPTOVALUTE and FIAT currencies. Within only three months since its launch, more than 200,000 users activated “Kraktag”Enably send money easily like SMS.
Ease of use is one of the main elements that can pay dependence Curricula even by the general publicTraditionally, more resistant to complex technological innovations. With this step, Kraken seeks an ambitious goal: spending in encrypted currencies Soft, fast and familiarLike any other payment method.
A new generation of payment cards is coming
The next expected step will be to enter Digital and material discount cards Associated with Kraken accounts, thanks to the MasterCard infrastructure. This tool will allow users to spend encryption with the same ease with which they use the euro or the pound today, which removes all complications related to transfers, decentralized portfolios or slow transactions.
according to Scott AbrahamMasterCard Vice President of MasterCard, “The company’s commitment to innovation and expanding the potential of digital payments” finds its full expression in this alliance. The vision is the opening The real capabilities of encrypted currenciesMake them tools every day, not just speculation reserves.
The trend that is unified between large companies
Although this advertisement may seem very influential, there are sounds inside the industry that reduces enthusiasm, such as those Thibbot BhuttoCOO from the Meria platform. According to him, the Kraken and MasterCard Team Up team is no longer surprising: These entities have already interacted in the past, and similar partnerships have now become a “Logical Natural” For the sector.
To see a real boom, Bhutto notes, one may need to see him Even the most conservative playerslike Big traditional private banks Or even GovernmentsActivity to the encryption ecosystem. It is indeed from these Historical and resistance institutions for change The most important jump is expected. Until then, the risks are that innovations remain limited to an already interested or change audience.
Europe in the midst of the new digital economy
While waiting for the oldest in the most solid institutions, it enriches the cooperation between Kaken and MasterCard, the European scene of services related to Blockchain. This represents an important opportunity, especially for two reasons:
1 Competition in the market stimulates innovationDriving companies to improve the services provided while maintaining low costs for the final user;
2. Put the pressure on Aziende Tradizionali To update themselves and do not lose Die MiratoIt is attracted by an increasingly interested audience with digital solutions.
It is now clear that even traditional financing giants can no longer ignore the driving force of encrypted currencies. MasterCard, a pioneer in its sector, is again ready for Future embraceThe road paves the way for all those companies that are still hesitating.
Increased adoption, with the risks it requires
Although the advantages are easy and accessible, it is important to remember this Investing in encrypted currencies involves risks. There is no guaranteed return, products with High capabilities correspond to high exposure. As always, it is important to calibrate each decision based on your goals, time horizon and the ability to absorb potential losses.
Marc-Antoine, a recognized expert in the Web3 environment and an influential personality in this sector, warn: those who approach the cryptocurrencies should not do so the motivation behind the fear of losing it, but with a real understanding of the tool they use.
A vision for the future of MasterCard and Kraken
The agreement between MasterCard and Karakin is not just an artistic integration: it is so Announcement of intention. It shows that The encryption economy is no longer a separate worldBut there is a fertile floor for new forms of payment, services and opportunities for millions of European citizens.
to prepare Easy encryption payments as SMS “ It is no longer a future vision, but it is a tangible fact that began to crystallize. It remains to see whether other players, conservatives and when other and conservative players decide the same jump.
In a scenario in which the boundaries between the digital economy and traditional financing become increasingly thin, The current flow of innovation cannot be ignored. Companies that choose to remain risked by overcoming a current revolution.
