#MastercardStablecoinCards

Mastercard is launching stablecoin payment cards in partnership with MoonPay, allowing users to make transactions at over 150 million merchants worldwide. This initiative enables seamless conversion of stablecoin payments into fiat currency at the point of sale, addressing the growing demand for stablecoins over volatile assets.

*Key Features:*

- *Stablecoin Conversion*: Real-time conversion of stablecoins to fiat currency for hassle-free transactions

- *Global Reach*: Transactions can be made at over 150 million merchants worldwide who accept Mastercard

- *Partnership*: Collaboration with MoonPay, leveraging their Iron infrastructure for stablecoin payments

*How it Works:*

1. *Wallet Enablement*: Users can link their crypto wallets to the Mastercard stablecoin card.

2. *Transaction*: Users make transactions using stablecoins at merchants who accept Mastercard.

3. *Conversion*: Stablecoins are converted to fiat currency in real-time, ensuring merchants receive local currency.

*Mastercard's Crypto Expansion:*

- *Previous Partnerships*: Mastercard has partnered with crypto exchanges like OKX and payment processors like Nuvei to launch crypto cards and develop merchant acceptance solutions for stablecoin payments.

- *End-to-End Capabilities*: Mastercard provides integrated solutions for stablecoin transactions, including wallet enablement, card issuing, and merchant settlement.