Chairlink
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💳 Purchase BTC directly with debit card #Mastercard
💰 Mastercard has teamed up with #Chairlink and now holders of any of their cards can buy crypto for fiat and hold it without having a wallet.
🧑💻 What happens during the crypto purchase:
🟢Shift4 conducts a regular fiat transaction;
🟢The money goes to Zerohash, where it is exchanged for USDC;
🟢Uniswap/XSwap immediately swaps $USDC for the chosen token;
🟢The money goes to a custodial address, access to which is through login / 2FA.
😑 In fact, under the hood, it's the same old stuff, just now imagine:
You are a novice, not savvy in crypto, saving money from your salary. You have neither an exchange nor crypto wallets, but you want to invest some money in Bitcoin and a couple of other coins.
Now you can directly buy crypto with your card, hold it without having a wallet, then sell it just as easily and withdraw the money back to your card. 🕺
💰 Mastercard has teamed up with #Chairlink and now holders of any of their cards can buy crypto for fiat and hold it without having a wallet.
🧑💻 What happens during the crypto purchase:
🟢Shift4 conducts a regular fiat transaction;
🟢The money goes to Zerohash, where it is exchanged for USDC;
🟢Uniswap/XSwap immediately swaps $USDC for the chosen token;
🟢The money goes to a custodial address, access to which is through login / 2FA.
😑 In fact, under the hood, it's the same old stuff, just now imagine:
You are a novice, not savvy in crypto, saving money from your salary. You have neither an exchange nor crypto wallets, but you want to invest some money in Bitcoin and a couple of other coins.
Now you can directly buy crypto with your card, hold it without having a wallet, then sell it just as easily and withdraw the money back to your card. 🕺
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Financial Revolution: Chainlink and Mastercard Open Crypto Access for 3 Billion Card Users
NEW YORK – In a move considered a breakthrough for the mass adoption of digital assets, global payment giant Mastercard and the decentralized oracle network Chainlink have announced a strategic partnership. This collaboration aims to enable over 3 billion Mastercard cardholders worldwide to purchase cryptocurrencies directly on the blockchain (on-chain).
This partnership effectively removes one of the biggest barriers for new users, which is the complicated process of converting fiat money (such as Dollars or Rupiah) into crypto assets. Later, users can use their Mastercard through supported applications or platforms to purchase crypto directly from decentralized exchanges (DEX), as easily as doing online shopping.
This partnership effectively removes one of the biggest barriers for new users, which is the complicated process of converting fiat money (such as Dollars or Rupiah) into crypto assets. Later, users can use their Mastercard through supported applications or platforms to purchase crypto directly from decentralized exchanges (DEX), as easily as doing online shopping.
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