Mastercard and MoonPay have partnered to launch stablecoin-powered payment cards, enabling users to spend digital assets like USDC at over 150 million merchants worldwide. These Mastercard-branded cards link directly to users' stablecoin balances, converting them into local currencies during transactions. Powered by Iron's API-driven infrastructure, acquired by MoonPay in March, this initiative transforms crypto wallets into digital bank accounts, facilitating seamless global transactions. The collaboration aims to streamline cross-border payments, offering businesses efficient payout solutions for gig workers and creators. By bridging crypto and traditional finance, Mastercard is advancing the mainstream adoption of stablecoins in everyday commerce.

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