On May 15, 2025, Mastercard announced a partnership with MoonPay to launch global stablecoin cards that allow users to make cryptocurrency payments at over 150 million merchant locations worldwide that accept Mastercard. This collaboration marks a significant step towards the mass adoption of cryptocurrencies, enabling users to spend stablecoins like USDC in everyday transactions.
Thanks to the integration with MoonPay, transactions are automatically converted from cryptocurrency to fiat currency at the point of sale, simplifying the use of digital assets for sellers and buyers. This initiative aims to overcome barriers between traditional finance and cryptocurrencies, making stablecoins a convenient tool for global payments.
The partnership reflects the growing interest in stablecoins as a stable means of exchange in the crypto economy. It also underscores Mastercard's commitment to expanding financial inclusion through innovative technologies. Users will gain access to new Mastercard virtual cards supported by stablecoins through crypto wallets, significantly easing the spending of digital assets in the real world. This is another step towards a future where cryptocurrencies become part of everyday life.