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MasterCard and Kraken revolutionize crypto payments in Europe

Yesterday, a new episode was opened with an announcement. Strategic partnership between MasterCard and KrakenIt is one of the most important crypto exchange platforms in the world. Aim? To facilitate the use of crypto currency in daily paymentsIn the UK and Europe.

Common Target Between MasterCard and Kraken: Payment in crypto everywhere like sending a message

Cooperation between Kraken and Mastercard It aims to bridge the gap between it traditional finance And crypto-economyIncreasing the accessibility and simplicity of crypto currency payments. Message Open: Millions of Kraken users Spend your digital assets extreme 150 million traders worldwide Who accepted Mastercard.

David Ripley, CEO DI Crakesummarized the meaning of this alliance:

“Crypos transform the payment industry and see a future in which global and daily transactions will be strengthened with digital assets.”

Kraken Pay: Bridge between digital money and real life

The beating heart of this cooperation is Kraken Pay, a recent feature of the platform. Instant, Unlimited Payments More than 300 in Cripturetutute and Fiat currency. In just three months since the launch, 200,000 users activated “Kraktag”Allows them to send money as easy as SMS.

This ease of use is one of the basic elements that can ensure that it is adopted. Crypto-Varities even by the general peopleTraditionally, it is more resistant to complex technological innovations. With this movement, Kraken pursues an ambitious target: spending in crypto currencies Smooth, fast and familiarLike other payment methods.

New generation payment card is coming

The next step, the next step, Digital and physical bank cards Thanks to the MasterCard infrastructure, it depends on the crake accounts. This tool will allow users to easily pass the crypto that they use Euro or Pound today, and will cut all complexities related to transformations, decentralized wallets or slow processes.

Accordingly Scott AbrahamsIn Mastercard, the Deputy General Manager of Global Partnerships, «the company’s innovation commitment and the potential of digital payments to expand the potential» finds full expression in this alliance. Vision is to open your lock The real potential of crypto currenciesNot only speculative reserves, but to make daily vehicles.

A tendency consolidated among big companies

Although this announcement seems extremely effective for some, there are sounds that arous enthusiasm in the sector, for example Thibaut BoutrouCoo of the Meria platform. According to him, Kraken and Mastercard teams are no longer surprising: These beings have already interacted in the past and similar partnerships are now “Logical Normality” For the sector.

Observations of Boutrou to witness a real breakthrough, someone must see Even more conservative playersfor example Great traditional private banks even GovernmentsHe actively participates in the crypto ecosystem. Really from these Historical and Change Resistant Institutions The most important leap is expected. Until then, the risk is that innovations are limited to a mass that is already interested or tends to change in another way.

Europe at the center of the new digital economy

While waiting for more robust institutions to stand out, the cooperation between Kraken and Mastercard enriches the European service view of the Blockchain universe. This represents an important opportunity, especially for two reasons:

1. Competition in the market encourages innovationCompanies that direct the services offered while keeping the costs low for the end user;

2. Pressing Aziende Tradizionali To update and lose themselves Quote di MercatoIt was increasingly interested in digital solutions.

It is clear that even the giants of traditional finance cannot ignore the driving force of crypto currencies. Mastercard, a pioneer in the sector, proves that he is ready once again. Embrace the futureIt still leads to all companies that are hesitant.

Increasing adoption, with the risks it requires

Although the advantages in terms of convenience and accessibility are evident, Investing in crypto currencies includes risks. Return is not guaranteed and products High potential corresponds to high exposure. As always, it is important to calibrate each decision according to your goals, time horizons and your ability to suck potential losses.

Marc-Antoine, a well-known expert in the Web3 environment, warns an effective figure in the industry: those who approach crypto currencies should not make the vehicle they use with a real understanding, not with fear of kidnapping.

Vision for the future of Mastercard and Kraken

The agreement between Mastercard and Kraken is not just a technical integration: a declaration of intention. Shows Crypto-economy is no longer a separate worldHowever, new payment for millions of European citizens is an efficient ground for services and opportunities.

Production Crypto payments “as easy as SMS” It is no longer a futuristic vision, but a concrete reality that begins to take shape. Other, more traditional and conservative players decide to decide the same jump and when they are seen.

In a scenario where the border between digital economy and traditional finance becomes weaker. Current innovation flow cannot be ignored. Companies that choose to stay are still the risk of drowning by a current revolution.

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