MasterCard launches new CBDC testing environment
New platform will allow central banks to test CBDC issuance and distribution
Payment services giant MasterCard has launched a new central bank digital currency (CBDC) platform, which is designed to allow central banks to virtually test various CBDC use cases.
Speaking to Central Banking, MasterCard’s executive vice-president Raj Dhamodharan says a number of central banks are in conversation with the firm to begin testing.
“We are inviting central banks, commercial banks, tech and advisory firms to partner and assess CBDC tech design,” he says. MasterCard launched its
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