According to Raj Dhamodharan, Mastercard’s Global Head of Crypto and Blockchain, Digital currencies represent “no threat at all.” He also referred to them as “perhaps the most mature investment asset.”
Mastercard, the world’s largest payment processing company, is one of the corporations looking to expand their digital asset portfolio. The firm has launched a number of efforts in recent months to promote the industry and present crypto-related prospects to its clients. In October, it allowed all banks on its network to offer bitcoin services.
Raj Dhamodharan is the man in charge of Mastercard’s crypto activities. In a recent interview, he reiterated his firm’s bullish approach, claiming that digital assets should not be viewed as a danger. Investor safety is critical, and Mastercard is “always searching for methods to provide choice in a secure and straightforward way,” he said.
Dhamodharan went even farther, claiming that the nature of cryptocurrencies is unique since they are a “bundle of many technologies.” He believes it is “arguably the most mature” financial asset from the standpoint of an investor.
When it comes to bitcoin, the executive claims that it is more than just a currency.
Do you also find crypto as a mature investment? Comment below.
Read more: Mastercard is all set to enter the NFT and Metaverse world
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