#MastercardStablecoinCards

Mastercard is actively integrating stablecoins into its global payment infrastructure, aiming to bridge the gap between digital assets and traditional finance. Here's an overview of their recent initiatives:

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💳 Mastercard's Stablecoin Card Initiatives

1. Partnership with MoonPay: Mastercard has collaborated with MoonPay to launch stablecoin-backed virtual and physical cards. These cards enable users to spend stablecoins like USDT and USDC at over 150 million merchants worldwide. Transactions are seamlessly converted into local fiat currencies at the point of sale, ensuring a smooth experience for both consumers and merchants .

2. OKX Card Launch: In partnership with the crypto exchange OKX, Mastercard introduced the "OKX Card." This card allows users to link their crypto wallets and spend stablecoins directly, integrating crypto trading with everyday purchases .

3. Collaborations with Other Crypto Platforms: Mastercard has also teamed up with platforms like MetaMask, Kraken, Gemini, Bybit, Crypto.com, Binance, Monavate, and Bleap. These collaborations facilitate wallet enablement, card issuance, and merchant acceptance, allowing users to earn rewards, pay, and spend stablecoins via traditional cards .

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🌍 Global Reach and Infrastructure

Mastercard's stablecoin initiatives are powered by its acquisition of Iron, a stablecoin payment infrastructure provider. This infrastructure supports API-driven stablecoin transactions, enabling businesses to manage payouts and disbursements efficiently. With integrations across over 500 crypto platforms, including major wallets and exchanges, Mastercard's reach extends to over 100 million active crypto users .