$USDC
Ivan Soto-Wright, CEO of MoonPay, was interviewed on CNBC about the partnership with Mastercard. He believes that stablecoins are revolutionary, allowing users to receive digital dollars via blockchain more quickly and cost-effectively than traditional money transfer systems.
With roots in Venezuela, Ivan understands the challenges of currency devaluation and receiving international payments. MoonPay is working to make stablecoins more accessible by integrating them into the global payment system, with Mastercard as a strategic partner.
He predicts that cryptocurrency wallets will become increasingly popular and stablecoins will become the "common language" connecting financial systems. MoonPay also acquired the Iron platform to help businesses integrate stablecoins through APIs.
Ivan does not see this development as a threat to traditional banks but as a natural evolution, with the potential to reduce money transfer costs over the Internet. He emphasizes that stablecoins are not only a new payment method but also part of a global financial revolution aimed at democratizing access to technology.