Mastercard is developing a multi-token network that may integrate on-chain and off-chain asset flows

ChainCatcher news, according to Business Insider, Mastercard is developing a "Multi-Token Network" aimed at replicating the success of its traditional payment network to provide digital asset trading infrastructure for consumers, merchants, and financial institutions. This system will integrate on-chain and off-chain asset flows, ensuring compliance and optimizing user experience. Mastercard has partnered with JPMorgan, Standard Chartered, and others to explore scenarios such as cross-border payments and carbon credit tokenization, having filed over 250 blockchain-related patents since 2015.