#MastercardStablecoinCards The #MastercardStablecoinCards initiative marks a significant advancement in integrating stablecoins into everyday financial transactions. By partnering with various fintech and crypto platforms, Mastercard is enabling users to spend stablecoins like USDC and USDT seamlessly at over 150 million merchants worldwide.

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💳 Key Partnerships and Developments

MoonPay Collaboration: Mastercard has teamed up with MoonPay to allow users to spend stablecoins directly from their crypto wallets. These transactions are automatically converted to local fiat currencies at the point of sale, ensuring a smooth experience for both consumers and merchants.

Stables Virtual Card: In the Asia-Pacific region, Mastercard partnered with Australian fintech Stables to launch a virtual prepaid card. This card enables users to spend their stablecoin balances online and in-store without the need to convert to fiat beforehand.

Other Collaborations: Mastercard has also established partnerships with platforms like OKX, Nuvei, MetaMask, Kraken, and Gemini to expand the reach and functionality of stablecoin payments.