MasterCard is an American multinational payment card services corporation headquartered in Purchase, New York. It offers a range of payment transaction processing and other related-payment services (such as travel-related payments and bookings).
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Jesse Pollak, head of the Base chain, stated in an interview that AI agents are rapidly gaining autonomy and increasingly require native, programmable payment systems. Currently, approximately $48 million in payments have flowed through the x402 protocol, with about 95% of transactions occurring on the Base network. Jesse Pollak pointed out that x402, an open-source payment protocol co-developed by Coinbase in collaboration with Microsoft, Google, and Mastercard, enables on-demand API payments without the need for traditional subscription systems. Crypto infrastructure allows AI agents to move funds globally, instantly, and at low cost to pay for services such as data access, computation, or travel bookings. The long-term vision is to create an open service marketplace where software can discover and purchase digital services in real-time without human intervention.
Odaily News: Payment giant MasterCard has joined the Blockchain Security Standards Council (BSSC), a non-profit alliance dedicated to developing and maintaining blockchain security standards. Other members include Figment, Coinbase, Fireblocks, and Anchorage Digital. It is reported that MasterCard also plans to actively participate in the BSSC's Security and Privacy Working Group, contributing technical guidance and operational experience.