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3.5B people around the world use Mastercard. No one is more eager to connect them to crypto than Mastercard itself.
To date, Mastercard has already:
- Deployed 100+ cards with crypto features
- Supported 43 crypto startups since 2021
- Filed over 250 blockchain-related patents
Those are significant strides into the cryptocurrency space, highlighting how serious Mastercard is at aiming to bridge the gap between traditional finance and digital assets.
Now, Mastercard is preparing to take the next step. One very large step toward crypto development that might put some headwind into altcoins like Best Wallet Token.
Mastercard’s Crypto Ambitions: A New Era Dawns?
Mastercard, a titan in the payments industry, is developing a blockchain-based platform to facilitate Bitcoin and crypto transactions among clients, merchants, and banks.
It’s a step beyond cards with crypto benefits; the proposed blockchain would allow everyone from major financial institutions to average investors to use crypto seamlessly.
Called the Multi-Token Network, the platform would enable blockchain applications for cross-border payments, tokenizing deposits, and carbon credits, just to name a few.
Mastercard’s Vision: Becoming the ‘Venmo of Crypto’
The ultimate vision is simple, but incredibly ambitious. Mastercard wants to do with crypto transactions what Venmo and Zelle have done with fiat payments; create a ‘fully compliant framework.’
Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, also emphasized the need for a fully integrated on-chain consumer experience.
To that end, the payment giant aims to build a brand-new payments network, completely from scratch.
And some of the impetus for the initiative comes from steadily increasing regulatory clarity under US president Donald Trump’s increasingly friendly crypto regime.
Already, other payment providers have entered the game; Mastercard’s rival Visa provides VTAP, Visa Tokenized Asset Platform.
Best Wallet Token: Complementing Mastercard’s Crypto Endeavors
As Mastercard lays its own groundwork for mainstream crypto adoption, projects like Best Wallet Token ($BEST) emerge to enhance the digital payments ecosystem.
It’s the token of Best Wallet, a leading non-custodial mobile multichain wallet.
One of the best crypto wallets, Best Wallet is designed for users seeking a seamless interface for crypto dApps.
It supports Bitcoin, Ethereum, Binance Smart Chain and Polygon, and enables users to manage and trade assets across various ecosystems effortlessly.
The $BEST token serves as the backbone of the Best Wallet ecosystem, offering holders enhanced benefits, including:
- Reduced transaction fees
- Priority access to new presale launches
- Ecosystem governance
- Greater staking rewards
Currently in its presale phase, $BEST is priced at $0.024575, with over $11.5M raised so far. It joins the list of a number of crypto presales emerging as frontrunners in the next generation of crypto adoption.
As the presale progresses, the base token price will steadily increase, so there will never be a better time to purchase $BEST.
Learn more about how to purchase Best Wallet Token in our handy guide, and see why we think the token price could reach $0.05106175 by the end of 2025 (a 107% increase from the current price).
$BEST – Be Ready for Mastercard’s Platform
Mastercard’s foray into the crypto space aims to simplify and secure digital transactions, making them more accessible to a broader audience.
Best Wallet Token adds valuable utility to the Best Wallet app, providing a user-friendly platform that supports a wide range of cryptocurrencies and positions users to be part of the broader crypto economy – including Mastercard’s vision.
As always, conduct your own research; trust, but verify. This article does not constitute financial advice, and the cryptocurrency market is known for its volatility.
But in Mastercard’s vision of a seamless crypto-financial world, Best Wallet token is well-positioned to be a major player.
