$ETH

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 remittance systems.

With his roots in Venezuela, Ivan understands the difficulties when currency value declines and the challenges of receiving international money. 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 via API.

Ivan does not view this development as a threat to traditional banking but as a natural evolution, with the potential to reduce remittance costs over the Internet. He emphasizes that stablecoins are not only a new payment method but also a part of the global financial revolution, aimed at democratizing access to technology.