Mastercard is still bullish on CBDCs, working on CBDC infrastructure

Mastercard’s CEO has stated that the payments processing firm is working on an infrastructure for CBDC. According to the CEO, this infrastructure will act as a bridge between the government and the private sector. He said that they will make our network ready to do that as and when a government is ready to put out a CBDC that will exist alongside the dollar or the euro as a settlement currency in our network.