#MastercardStablecoinCards

Mastercard has partnered with MoonPay to launch stablecoin-enabled payment cards, allowing users to spend digital currencies like USDC at over 150 million merchants worldwide. These Mastercard-branded cards are linked to users' stablecoin balances, with transactions automatically converted to local fiat currencies at the point of sale. This initiative leverages MoonPay's acquisition of Iron, a stablecoin infrastructure provider, to facilitate seamless crypto-to-fiat transactions . The collaboration aims to enhance global payments, remittances, and business transactions by integrating stablecoins into everyday financial activities. Additionally, Mastercard is developing on-chain identity tools to simplify cross-border payments and ensure secure, compliant blockchain transactions .(PYMNTS.com, Axios)