#MastercardStablecoinCards Mastercard has partnered with MoonPay to launch stablecoin-based payment cards, enabling users to spend stablecoins like cash at over 150 million merchants worldwide. These cards automatically convert stablecoins into fiat currency during transactions, simplifying everyday purchases.

*Key Features:*

- *Global Acceptance*: Use stablecoins at over 150 million merchants worldwide who accept Mastercard.

- *Auto-Conversion*: Stablecoins are instantly converted to fiat currency, eliminating volatility concerns for merchants.

- *Seamless Integration*: Cards work like traditional payment cards, with no need for additional steps or exchanges.

*Technology and Partnerships:*

- *Iron Infrastructure*: MoonPay's acquisition of Iron provides the technical foundation for these stablecoin cards, enabling real-time crypto-to-fiat conversion.

- *Mastercard's Crypto Strategy*: This partnership builds on Mastercard's existing collaborations with crypto exchanges like OKX, Kraken, and Binance, as well as payment processors like Nuvei and Circle.¹ ² ³

*Market Impact:*

- *Growing Stablecoin Adoption*: Stablecoins have processed over double the volume of Visa in the past year, with a total transaction volume of $3.5 trillion and a supply of $214 billion in circulation.

- *Increased Efficiency*: Stablecoins offer a faster and cheaper way to make international transactions, with potential applications in cross-border payments and remittances.⁴