#MastercardStablecoinCards : Bridging Crypto and Traditional Payments
Mastercard is advancing its integration of stablecoins into everyday transactions through a strategic partnership with crypto infrastructure firm MoonPay. This collaboration enables crypto wallets to issue virtual Mastercard debit cards, allowing users to spend stablecoins like USDC at over 150 million merchants worldwide.
Utilizing MoonPay's Iron infrastructure, the initiative facilitates seamless conversion of stablecoins into local currencies at the point of sale, enhancing accessibility for both consumers and merchants. This move aligns with Mastercard's broader strategy to provide end-to-end stablecoin transaction capabilities, including wallet integration, card issuance, and merchant settlement. (
By embracing stablecoin technology, Mastercard aims to streamline global payments, remittances, and business transactions, positioning itself at the forefront of digital financial services. (