#MastercardStablecoinCards

Mastercard has partnered with MoonPay to launch stablecoin cards, enabling users to make payments with stablecoins at approximately 150 million merchants worldwide. These cards instantly convert stablecoins into fiat currency during transactions, addressing volatility concerns and facilitating mainstream adoption.

*Key Features:*

- *Global Reach*: The cards can be used at 150 million merchants globally, providing extensive coverage.

- *Stablecoin Conversion*: MoonPay's Iron infrastructure automatically converts stablecoins to fiat currency, ensuring seamless transactions.

- *Partnership Background*: Mastercard's collaboration with MoonPay builds on previous partnerships with OKX, Nuvei, and Circle, solidifying its presence in the cryptocurrency payment space.¹ ²

*Benefits:*

- *Faster Payments*: Stablecoin cards unlock faster crypto payments for merchants, reducing settlement times and transaction fees.

- *Increased Flexibility*: Users can utilize their digital assets for everyday purchases, promoting cryptocurrency adoption.

- *Growing Adoption*: Stablecoin transaction volume has reached $3.5 trillion, with over 120 million wallets holding stablecoin balances.³

*Regulatory Environment:*

- *SEC Guidance*: The US Securities and Exchange Commission has provided partial guidance on stablecoin classification, potentially signaling a more accommodating approach.

- *Industry Momentum*: Despite regulatory questions, stablecoin initiatives are gaining traction, with Mastercard and Visa expanding their crypto payment offerings.