Mastercard Partners with Mercuryo to Offer Non-Custodial Crypto Spending Card

Mastercard is a well-known brand and even a global payment giant. They have done the collaboration with Mercuryo which is a fin-tech headquartered in London. Mastercard will be extending support for spending through non-custodial wallets. Users would be able to use the crypto directly from their wallets and there is no need to keep the balance in the card. This is a good move as now its high time for self custody and Mastercard has come up with the support that encourages self-custody.

Mastercard has partnered with Baanx as well to issue crypto cards that will be linked directly to crypto wallets. This way the users will be able to make payments using crypto directly from the non-custodial wallets and they will have control over their funds all the time. Its good to see how Mastercard is trying to have some skin in the crypto space.

Inflation has been going lower in the US economy. While its good for the economy but also it brings the risk of recession. An interest rate cut of 25 BPS is expected this time. The FED is going to announce the rate cut this month and 59% of the investors expect to see a 25 bps interest rate and this is not normal. In a normal scenario, it expected 30% for 50 bps whereas 70% for 25 bps.

Diplomacy is something that is followed by many countries and in the current situation some of the countries are following it well. We know that some countries have been in war situations for quite some time. During this situation, some other countries are following the diplomatic approach to deal with the situation while keeping their international relations unaffected.

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