#MastercardStablecoinCards launching payment cards with stablecoins, allowing users to spend their digital assets at over 150 million merchants worldwide. These cards automatically convert payments from stablecoins to fiat currency at the time of the transaction, facilitating their use in the traditional financial system.
The infrastructure behind this project comes from Iron, a stablecoin payment company acquired by MoonPay in March 2025. Thanks to this technology, businesses can accept payments in stablecoins without the need to handle cryptocurrencies directly, streamlining fiat settlements.
The growth in the use of stablecoins has been remarkable, with transaction volumes exceeding $3.5 trillion in the past year. Businesses and consumers are adopting these digital assets due to their stability and ease of integration with existing payment systems. Additionally, Mastercard has collaborated with other companies like OKX and Nuvei to expand the use of stablecoins in global commerce.