Mastercard is developing a "Multi-Token Network" to connect various payment entities and streamline the transfer of digital assets. This initiative aims to bridge the gap between traditional finance and the burgeoning world of cryptocurrencies. Raj Dhamodharan, Mastercard's Executive VP of Blockchain and Digital Assets, emphasized the company's commitment to creating a regulated and user-friendly environment for digital asset transactions. The goal is to replicate the ease of use found in platforms like Venmo or Zelle, but on the blockchain. The Multi-Token Network seeks to enable seamless interaction between consumers, merchants, and financial institutions in the digital asset space. This move signals a growing interest from major financial players in leveraging digital asset infrastructure to create new business models and enhance existing payment systems. Mastercard's network could potentially simplify crypto payments and encourage wider adoption. ```