Mastercard's Perspective on Digital Assets

Transcript

when speaking of banking and web tree weo speaking pays Guess h of largest payment providers glob here us not anybody El Mastercard Hed Call stage Mastercard vice president assets [Applåder] blockchain h to lano first time than very much having

meed Master My teaming All Global relationships all talk to you about how Mastercard is looking actually dig space Where do we see the potential How do we look at the market Who do we work with What Do We Do What We offer already in the market and how can we maybe work together with you and the audience as well to make this more accessible the space more accessible for the end consumer as well make it easier and safer to Engage with Digital assets overall so just a bit of a recap 2024 from our point of view was actually very eventful we seen a lot of fin

Highlight is that Def has come back massively Actually the value locked protocols increased from 90 to0 billion Us increase over over the course of Year Stable coins not a surprise called the Killer D by us Bastion International basis and last but not we see an opening up in terms of policies and regulation And We cannot ignore Trump on this one as the Trump election actually Us Market has opened up massively given the whole Space a little bit of a kick again because the

US up until last year was [Musik] has come for by end Last isot of my customers very happy that we have finally managed to bring this to life because it helps them to understand what they need to do To offer services to the European consumers in a comp way so to So what does mean in terms of numbers can see here kpis the bar volum ex volumes and l CH price of Bitcoin of Bitcoin both of clearly indic

strong uptick Towards The End Of The Year we call a little bit the Trump Effect but it really helped open up again the conversations around crypto and the conversations around Digital use cases especially also in America and we can see that with the Bitcoin price as moved mple times Across bar Now it has Co down a little bit but Trading volumes above what we seen in previous so who do we work in the space said in the beginning my team looking after native player so Le hand side of page lerer bance coinbase biter those are the customers We work day basis as

well infrastructure Block we work pay service providers conc between tradition financial insti Fiat world world Us Here we M work companies helping us to

navigate space and very Side again as the beginning the first Trend Highlight is the financial institutions traditional financial institutions revol is not going to be happy to trad financial institution but Point more trad Trading offering offing St coins Partner companies Bring cases take small step back Masters currencies

decentral fin bitco eum Lin dodin All cryp curren Out There that you all have heard of by now The second one is Stable coins Stable coins coins that packed to tyc St and also used for value for domestic pays or International payments as as crossborder sett and the last one cbdc Central Bank Digital currencies so currencies that issued by the government They also Stable also like basically Digital representation of the Fiat currency in the market and the main use

cases are domestic payments for and exist reta wholesale structures I think in Switzerland looking at the wholesale version of it curren over what in terms of adoption Where are we over Journey 550 million globally in terms of crypto ownership not hum 6.8 poz bank account Most of people

Across 550 million notem segment and we have seen 3% growth rate between 23 we growing cases players financial institutions sa comp easy Industry up that number get straty butter business en crypto Flows

on ramp really enabling allowing myself to use my Mastercard any form issu let UBS crypto binance coinbase any other crypto platform also off ramping consum out platform How do we can enrich that user experience whole range of Services around aml around kyc user experience optimization even Consulting Services that we offer traditional financial institutions but also Digital Asset native players to better understand what kind of value should offer consumers and what kind of product the third is we

looking at Select compli currencies en networking coins Can we integr cycle How can everage benefits Technology last but not least we looking blockchain native transactions for the entire ecosystem so Here we Basic Help our entire ecosystem Everybody Connected the Mastercard Network Lage Technology for international transactions Basic Moving fund faster from bas Block Technology making easier

Technology JP Here we offer large BB transactions from Singapore to Hong Kong Hong Kong UK as pilot and we we extending that pilot as and we also announced simil partnership Cas ecosystem ening on ramping as a consumer take my UBS card can crypto exchange standard pretty simple and that has been actually going on for

a while but that's already where we buil the bridge between the Fiat and the crypto world we make sure that transactions are sa and comp we Man frates and on and second off ramping so exchange coinbase gem exle customers fund platform account Master move second offing use actually What crypto card web card use gem card Nex Starbucks pay my coffee h&m my Pair of

trousers crypto working Market We have around 100 different more than 100 crypto Cards in the world Life maybe you heard or seen also The metamask Card being communicated Lately in the press So this is actually our first non custodial Wallet card web card and we have actually ofas ofi working Allers Bringes and as I said we have a whole set of Services that we also offer our customers to enrich that user experience value proposition from Stable coin settlement

to crypto credential which is credential verification service for specifically for vas to Consulting services to aml to fraud management so the whole set of Services Mastercard actually also has adoption Master a very sensitive Topic and we working

very hard on making that everybody who we work with is also on the same page As We are and we're very actually diligent on that Side stability so the Products that we offer need to be Stable reliable and need to be basically safe to use very very We do not launch any product we have to pull out of the market with weeks time because it does work our Network based trust consumer protection consumer C and allured protect FR

bring to my last point of today presentation as said Industry I think we still have a bit of Work to do 550 million not M adoption yet So what we needs happen get unification of Europe Market clear Rules needs Asset Services in the European Union proba will be evolutions of this but a great first step so regulation is important we see this Across the Globe we see Us opening up we Nigeria opening up we Singapore clear so we happening

Across glob and very helpful ier majority need to learn working how to work with players number spck

CP basically Lost because the user s To Burn address and cannot retrieve it anymore 129000 Us disappeared not great user experience not very helpful people engaging Now we but we need to Focus on the ones that make sense I think Stable coin is one of them Def has proven to be very resilient but we need to figure out What are the use cases that Really Really Bring value

to the end consumer as and short presentation have afternoon