Mastercard investing in smart contract technology to help CBDCs
Central bank digital currencies (CBDCs) have gained traction in recent months as countries worldwide look to develop their fiat currencies. However, the issuance of CBDCs is still a few years away. Mastercard is working on a smart contract technology that would help banks with developing the digital currencies.
Mastercard investing in smart contract technologies
Payment giant Mastercard has revealed that it is stepping up its game in the cryptocurrency space by investing in a smart contract technology. This move will help with the development of central bank digital currencies.Mastercard revealed this in its recent earnings call. CEO Michael Miebach told investors that Mastercard has a few partnerships in place. The company is helping central banks globally develop digital assets. He added that the they are focused on determining how smart contract technology can pair with CBDCs.
The payment company has always maintained that it is serving as a private-sector partner for CBDCs. It launched a testing environment platform for central banks a few months ago, making it possible for the banks to work together to simulate the issuance, distribution, and exchange of CBDCs. The platform also allows them to evaluate customized use cases for the CBDCs.
The CEO added that the concentration on smart contracts gives their work a new degree of specificity, and it could have other use cases beyond payments. He stated that "Specifically in CBDCs, I would describe it as relatively early days. Where we see our role to start with is to answer the question as you just asked, in partnership with governments, is what is the right construct."
Miebach added that the company is working on securing further partnerships with more central banks. He stated that the technology would have other use cases aside from payment. "As you heard us talking about, in the context of real-time payments, our go-to-market is always underlying infrastructure, application services. And we intend to do the same thing here. And that is, what is an application that could ride on top of this? It could be a smart trade contract," he added.
CBDCs are growing
Central bank digital currencies have become a hot topic of discussion in recent months as more apex banks work on developing and issuing their digital currencies. The central banks realized they are behind private financial institutions in terms of digital currencies.Hence, the need to develop the CBDC is to ensure the central banks continue to control the monetary system.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
