PANews reported on April 1 that according to Business Insider, Mastercard is developing a "Multi-Token Network" with the goal of replicating the success of its traditional payment network and providing digital asset trading infrastructure for consumers, merchants and financial institutions. This system will integrate on-chain and off-chain asset flows to ensure compliance and optimize user experience. Mastercard has cooperated with JPMorgan Chase, Standard Chartered and others to explore scenarios such as cross-border payments and carbon credit tokenization, and has applied for more than 250 blockchain-related patents since 2015.