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Mastercard has just announced a global partnership with Moonpay to integrate stablecoins into daily payments through a new line of Mastercard-branded payment cards. This initiative allows fintech companies and card-issuing businesses to connect directly with users' digital asset balances.
Users can spend stablecoins at over 150 million Mastercard acceptance points worldwide, with balances automatically converted to fiat currency at the time of payment. This solution leverages the infrastructure of Iron – the company Moonpay acquired in March – to support real-time stablecoin conversion and payments via API.