#MastercardStablecoinCards

The Stables card, developed in collaboration with Mastercard, allows users to make contactless payments in physical and online stores using the stablecoin USD Coin (USDC). These transactions are made possible through integration with Apple Pay and Google Pay, being accepted wherever Mastercard is accepted. At the time of payment, the stablecoins are automatically converted into the local currency, providing a familiar and efficient payment experience.

Stables holds a Virtual Asset Service Provider (VASP) license, allowing it to operate in the 27 member states of the European Union. This expansion reflects the growing demand for stablecoin-based payment solutions, both among regular users and businesses.

Other Mastercard initiatives in the field of stablecoins

Recently, Mastercard announced a partnership with MoonPay to enable payments and collections in stablecoins globally. This collaboration will allow the issuance of Mastercard cards linked to users' stablecoin wallets, facilitating the automatic conversion of stablecoins into fiat currency at points of sale. This way, users can make payments in stablecoins at over 150 million merchants in the Mastercard network.