#MastercardStablecoinCards

Mastercard has partnered with MoonPay to launch stablecoin-powered payment cards, enabling users to spend stablecoins directly at over 150 million merchants worldwide. These cards automatically convert stablecoins into fiat currency during transactions, simplifying the payment process.

Key Features:

- *Global Acceptance*: The cards can be used at approximately 150 million merchants worldwide who accept Mastercard.

- *Stablecoin Conversion*: Stablecoins are automatically converted into local fiat currency at the point of sale, eliminating volatility concerns for merchants.

- *Seamless Integration*: The card infrastructure supports retail transactions across various regions, integrating with traditional retail systems.

Partnerships and Developments:

- *MoonPay Acquisition*: MoonPay acquired Iron, a stablecoin payment startup, in March 2025, providing the technology for these cards.

- *Mastercard's Crypto Expansion*: This partnership builds on Mastercard's recent crypto initiatives, including collaborations with OKX, Nuvei and Circle.

- *Regulatory Landscape*: Despite growing adoption, regulatory uncertainty surrounds certain types of stablecoins, particularly yield-bearing and algorithmic ones.

Impact:

- *Growing Stablecoin Usage*: Stablecoins processed $35 trillion in transactions between February 2024 and February 2025, exceeding Visa's annual payment volume.

- *Increased Adoption*: The total supply of stablecoins has reached $214 billion, with monthly transaction volumes climbing from $1.9 trillion to $4.1 trillion.