#MastercardStablecoinCards Mastercard has announced a significant partnership with MoonPay to launch stablecoin-powered cards. This initiative aims to bridge the gap between traditional finance and the crypto economy, enabling users to spend their stablecoin balances at over 150 million locations worldwide where Mastercard is accepted. The cards will automatically convert stablecoins to fiat currency at the point of sale. This collaboration, leveraging MoonPay's acquired stablecoin infrastructure from Iron, seeks to streamline global payments, offer efficient cross-border transfers, and provide businesses with new ways to manage payouts to gig workers and contractors, pushing stablecoins further into mainstream adoption.
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