Mastercard to Help Central Banks Test Their Own Digital Currencies

[MRM]

Payments provider Mastercard has launched a digital currency testing kit to help central banks trial their own coins. International payments provider Mastercard has launched a virtual testing environment to help central banks around the world test their Central Bank Digital Currencies (CBDCs), said an announcement today.

“Today, Mastercard announced a proprietary virtual testing environment for central banks to evaluate CBDC use cases. The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers,” said the company.
Source: https://decrypt.co/41328/mastercard-to-help-central-banks-test-their-own-digital-currencies