Mastercard Partners with Hedera for Enterprise Payments
Hedera's (HBAR) partnership with Mastercard has expanded its role in enterprise payments, including B2B transactions, cross-border transfers, and payment settlement.
The network has reached a significant milestone of over 70 billion transactions since its launch and settled more than $10 billion worth of real-world assets.
Hedera's hashgraph consensus system allows for fixed transaction fees of around $0.0001, finality in under a second, and processing over 10,000 transactions per second.