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Mastercard Outlines 3-Pronged Strategy to Support the Growing Crypto Community
The payments company said at its annual investor’s day conference that it would focus on services, network access and security.
Updated May 11, 2023, 4:08 p.m. Published Nov 10, 2021, 10:23 p.m.
MasterCard mapped out a three-pronged strategy focused on security and better services to support the growing cryptocurrency community during a presentation on Wednesday.
- The credit card giant said during the virtual event at its annual investor’s day conference that it would focus on “crypto enablement,” which encompasses purchasing, spending, cashing out and rewards involving cryptocurrency; crypto security, including identity services; and network access, which covers interoperability, stablecoins and central bank digital currencies (CBDC).
- Mastercard senior executives believe that crypto payment flows, including remittances, traditional finance (TradFi) and decentralized finance (DeFi), represent net new volume for the company, Barclays research analyst Ramsay El-Assal wrote in a note to clients Wednesday after the event.
- Mastercard has been bolstering its crypto offerings lately, with partnerships in Asia Pacific that will allow consumers and businesses across Asia Pacific to obtain crypto-linked Mastercard credit, debit and prepaid cards.
- Mastercard said in late October it was working with digital asset platform Bakkt to allow merchants and banks in the U.S. to build cryptocurrency into their offerings.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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