How Mastercard plans to connect stablecoins, CBDCs and tokenized bank deposits

Quick Take

  • Mastercard’s Raj Dhamodharan unpacks how the firm is positioning for a future in which value can be transferred between a variety of public and private tokenized assets including stablecoins, bank deposits and CBDCs.

Episode 76 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Mastercard EVP of Blockchain/Digital Asset Products & Digital Partnerships Raj Dhamodharan.

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Mastercard EVP Raj Dhamodharan manages Mastercard's blockchain and digital asset strategy.

In this episode, Dhamodharan unpacks Mastercard's vision for a future in which value can be transferred seamlessly between public and private blockchains, and explains how CBDCs and tokenized bank deposits could revolutionize global payments. 


1:00 Mastercard's Multi Token Network

6:00 MTN Applications

10:13 KYC & Crypto Credential

12:46 Public/Private Transactions

14:09 Tokenized Bank Deposits

21:20 The Multichain Future

24:25 Central Bank Digital Currencies

29:16 Closing Thoughts

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