Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage.
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Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
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look at them trying to create a wallet for users to seamlessly transfer between coins and cash. but will it be neccessary if stablecoins catch on?
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I expect the banks and other financial institutions to fully embrace this technology in an effort to control it. For a while, people will use those systems until the idea of decentralization takes over. Then it will be move away from the central institutions to the DAOs.
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Mastercard seems more receptive than visa?
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