#MastercardStablecoinCards

#MastercardStablecoinCards On May 15, 2025, Mastercard announced a significant partnership with MoonPay to further the mainstream adoption of stablecoin payments. This collaboration will enable businesses and fintech companies to issue Mastercard-branded cards linked to users' stablecoin balances.

Here's a summary of the key aspects:

Stablecoin Spending at 150 Million Locations: Cardholders will be able to spend their stablecoins at over 150 million merchants worldwide where Mastercard is accepted. The stablecoins will be automatically converted to fiat currency at the point of sale, ensuring a seamless transaction for both the user and the merchant.

Leveraging MoonPay's Infrastructure: The partnership utilizes the API-driven stablecoin infrastructure from Iron, a company acquired by MoonPay in March 2025. This technology facilitates the stablecoin-powered payments.

Transforming Crypto Wallets: The initiative aims to transform crypto wallets into more versatile digital bank accounts, enabling seamless global transactions.

Efficient Payouts and Disbursements: Businesses, neobanks