#MastercardStablecoinCards Driving mass adoption with MoonPay

Mastercard has taken a significant step towards integrating cryptocurrencies into everyday finance by partnering with MoonPay to launch stablecoin cards globally. This initiative will allow users to make payments with stablecoins like USDC at over 150 million merchants worldwide that accept Mastercard.

The technology behind these cards, powered by the stablecoin infrastructure of Iron (recently acquired by MoonPay), will facilitate the instant conversion of stablecoins to local currency at the point of sale, ensuring seamless transactions for users and merchants.

This strategic move by Mastercard aims to bridge the gap between decentralized finance (DeFi) and traditional financial use, providing a practical solution for global travelers, freelancers, and cryptocurrency enthusiasts looking to use their digital assets in everyday transactions. The collaboration with regulated platforms ensures compliance and security for these innovative cards.