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via Decrypt · By Decrypt Editorial

Mastercard Secures New York BitLicense in Push for Stablecoins, Tokenized Deposits

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Decrypt Editorial
(02:58 PM UTC)
1 min read
SC
Reviewed bySarah Chen

In brief

  • Mastercard has secured a highly coveted NYDFS BitLicense, anchoring its compliance-first strategy on Wall Street.
  • The payments giant is aggressively funding its digital asset footprint, underscored by its efforts to acquire crypto infrastructure firm BVNK.
  • Mastercard is actively defending its market dominance by integrating stablecoins into traditional banking via firms like SoFi.

Master…

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