Mastercard Launches Stablecoin Payment Card
#MastercardStablecoinCards
Mastercard has announced its partnership with MoonPay to launch a stablecoin payment card, enabling users to make transactions with stablecoins at over 150 million merchants worldwide. This card automatically converts stablecoins to local currency during transactions, simplifying the payment process.
Main Features:
- *Global Acceptance*: The card can be used at approximately 150 million merchants worldwide that accept Mastercard.
- *Stablecoin Conversion*: Stablecoins are automatically converted to local currency during transactions, ensuring seamless integration with existing financial systems.
- *Partnership Background*: Mastercard's partnership with MoonPay leverages Iron technology, a stablecoin payment platform acquired by MoonPay in March 2025.
Mastercard's Cryptocurrency Strategy:
- *Expanding Access to Cryptocurrency*: Mastercard is enhancing its presence in the digital asset industry through partnerships with cryptocurrency exchanges and payment processors.
- *Comprehensive Stablecoin Capabilities*: Mastercard has unveiled comprehensive stablecoin capabilities, allowing consumers to spend stablecoins and merchants to receive them.