"Whatever your opinions on cryptocurrencies -- from a dyed-in-wool fanatic to utter skeptic -- the fact remains that these digital assets are becoming a more important part of the payments world, Raj Dhamodharan." Mastercard's head of digital asset products, via blog post.<br />"Mastercard isn't here to recommend you start using cryptocurrencies. But we are here to enable customers, merchants and businesses to move digital value -- traditional or crypto -- however they want." Raj Dhamodharan, Mastercard's head of digital asset products, via blog post.<br />Currently, Mastercard offers cryptocurrency cards in partnership with vendors who convert the cryptocurrency into standard currency.<br />The new announcement means clients will now be able to pay directly with cryptocurrency instead of first having it converted.<br />Mastercard will only accept a select set of cryptocurrencies that meet a variety of standards.<br />This means that most altcoins won't be accepted.<br />Cryptocurrency has been on a roll this week with this announcement as well as the news that Tesla has invested over $1.5 billion into Bitcoin.
