Credit card company MasterCard said that users of the non-destructible token market from Coinbase will be able to use their cards to make purchases as part of a new partnership.
According to Coin Telegraph, Raj Damodharan, executive vice president of MasterCard for Digital Assets and Blockchain Products, said that under the agreement, nonperishable tokens will be considered digital goods and can be purchased with credit card.
He added, "This measure is intended to allow non-crypto-users to enter the non-destructible tokens domain without using a wallet and purchase Ethereum (ETH) or other tokens."< /p>
Cryptocurrency enthusiasts are familiar with the process, Damodahran continued. But for most people, it's not simple, and it's not intuitive. We think it should be much easier. This will ensure that the non-perishable tokens are available to everyone... Safely getting more people involved is probably the best way to help the non-perishable token market thrive.
Since Coinbase first announced its non-perishable token market - under the planned name Coinbase NFT - in October, more than a million people have signed up to be on the platform. Waiting list.
The cryptocurrency exchange plans to make the non-destructible token platform available to US users before opening it to those in other countries.
