Mastercard has migrated its app to the Hedera Hashgraph network, a blockchain-based platform that provides high-speed and secure transactions. The move is expected to provide Mastercard with greater flexibility and control over its operations, while also helping to drive adoption and usage of blockchain technology.

The migration of Mastercard's app to the Hedera Hashgraph network is expected to have a positive impact on the price of HBAR, the cryptocurrency used on the network. As more businesses and individuals adopt and use the network, there is growing demand for HBAR, which can help to drive up its price and market capitalization.

The adoption of blockchain technology by major companies such as Mastercard underscores the potential for these technologies to transform the financial system and to provide greater transparency and accountability in the management and sharing of financial data. As the market continues to evolve and mature, there is growing demand for reliable and secure financial services that can facilitate transactions and provide users with greater flexibility and control over their assets.

(By Pratik Bhuyan)