Payments giant Mastercard is exploring how best to collaborate with self-custody wallet firms like MetaMask and Ledger, according to a Web3 strategy workshop report seen by CoinDesk. Mastercard pointed out in a presentation deck that having a payments card helps wallet providers increase the number of active users and build loyalty and other revenue streams. But wallet firms face significant demands on resources when introducing a card in a new region, which is where Mastercard and its issuance partners come in. Large credit card networks are moving ahead with crypto despite tough market conditions and regulatory uncertainty in places like the U.S. Earlier this year.
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