#MastercardStablecoinCards Mastercard is revolutionizing digital payments by partnering with MoonPay to launch stablecoin-powered cards, enabling seamless crypto-to-fiat transactions at over 150 million merchants worldwide. Announced on May 15, 2025, this initiative allows users to spend stablecoins like USDC and USDT directly from their crypto wallets via virtual Mastercard-branded cards. The partnership leverages MoonPay’s infrastructure to convert stablecoins into local fiat in real-time, making crypto payments as easy as traditional card transactions.

Scott Abrahams, Mastercard’s EVP of Global Partnerships, emphasized the goal to “unlock stablecoin utility and ubiquity,” transforming cross-border payments. MoonPay’s CEO, Ivan Soto-Wright, highlighted the cards’ potential to bring trusted crypto solutions to a global audience. This move builds on Mastercard’s recent collaborations with OKX and Kima, signaling a bold push into the crypto economy.

As stablecoins gain traction for their stability and efficiency, Mastercard’s initiative positions it ahead of competitors like Visa, which is piloting similar programs in Latin America. With regulatory frameworks evolving, stablecoin cards could redefine global commerce, offering faster settlements and lower costs.