#Mastercard Launches Global Stablecoin Payment System
Mastercard, with 1.1B users, unveils a system supporting wallet enablement, card issuance, merchant settlement, and on-chain remittances.
New OKX Card will connect crypto trading to real-world spending at over 150M merchants globally.
Consumers can spend stablecoins; merchants can settle directly in USDC.
Partnerships include OKX, Nuvei, Circle, Paxos, with wallet integrations for MetaMask and Kraken.
Mastercard will also launch a metal crypto card in Q2 2025, using Linea and smart contracts to authorize payments in under 5 seconds.
#Stablecoins are going #Mainstream