#MastercardStablecoinCards The initiative is a promising step toward bridging crypto and traditional finance. Mastercard’s partnership with MoonPay, announced on May 15, 2025, enables users to spend stablecoins at over 150 million merchants worldwide by converting them to fiat in real-time using Iron’s API technology. This move enhances stablecoin utility, making crypto more practical for everyday purchases. However, it raises questions about centralization, as stablecoins were meant to bypass intermediaries like card networks. While innovative, the success of these cards will depend on user adoption and regulatory clarity. It’s a bold play by Mastercard, but the crypto community might see it as a double-edged sword—convenient yet potentially undermining decentralization.
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