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Mastercard is developing a multi-token network

On April 1st, according to Business Insider, Mastercard is developing a "Multi-Token Network" (Multi-Token Network), with the goal of replicating the success of its traditional payment network and providing digital asset trading infrastructure for consumers, merchants and Financial Institution Groups. This system will integrate on-chain and off-chain asset flows, ensure compliance and optimize user experience. Mastercard has partnered with JPMorgan Chase, Standard Chartered and others to explore scenarios such as cross-border transfer and carbon credit tokenization. Since 2015, it has applied for more than 250 blockchain-related patents.