On September 17th, at the Stable Rise side event hosted by the Worldwide Stablecoin Payment Network (WSPN) during Token2049, Donghao Huang, Vice President of Research and Development at Mastercard, delivered a keynote speech titled "Building Trust and Seamless Business Experiences: Leading the Future of Payments with Web3 Technology."

Huang emphasized that Web3 technology is reshaping the payments industry, offering users enhanced trust and a smoother experience. He highlighted an innovative technology called Tokenized Card NFT, which converts payment cards into non-transferable Soul Bound Tokens, significantly improving transaction security and credibility.

He also elaborated on the DigiPay solution, which effectively addresses the challenges of micropayments through its low fees and high throughput characteristics.