Imagine money, but digital! Mastercard, a big company that helps us pay for things, is making it easier for businesses to use digital money. They're working with Ondo Finance to let businesses use special digital versions of U.S. Treasury bonds (like safe government IOUs).
This is all thanks to something called a blockchain, a super secure way to track money. It's like a digital ledger everyone can see, making things faster and safer.
This new system is called Mastercard's Multi-Token Network (MTN). It's like a special highway for digital money, connecting banks and businesses.
- Businesses can now use digital government bonds.
- It makes getting money faster and easier.
- No need for extra steps or waiting.
| Fact | Details |
|---|---|
| Company | Mastercard and Ondo Finance |
| What's new? | Digital government bonds on Mastercard's network |
| Benefit | Faster payments, easier money management |
