Fintech giant Mastercard has announced that five new startups have joined its Start Path Blockchain and Digital Assets program, reports Cointelegraph.
The Start Path Blockchain and Digital Assets program is a fintech accelerator program that focuses on “exploring future use cases to scale new solutions with startups around the world.”
Joining the program are crypto payment and card issuer Kulipa, blockchain software firm Parafin, decentralized physical infrastructure network (DePin) firm peaq, data platform Triangle and blockchain developer Venly.
In a press release, Mastercard highlighted that this leg of the program would focus on use cases and trials to attack specific issues:
“Each currency format – from regulated money to bank deposits, to stablecoins and CBDCs – serves a specific purpose, and Mastercard is connecting with industry experts and fintechs to explore differentiated use cases that can help to solve real-world problems.”
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