#MastercardStablecoinCards
Mastercard is advancing stablecoin adoption through strategic partnerships, notably with MoonPay and Australian fintech Stables.
In collaboration with MoonPay, Mastercard enables users to spend stablecoins like USDC at over 150 million merchants worldwide. Transactions automatically convert stablecoins to local fiat currency at the point of sale, facilitating seamless purchases. This initiative leverages technology from Iron, a stablecoin infrastructure platform acquired by MoonPay in March 2024.