$ETH
Key Points
Mastercard's partnership with MoonPay will enable stablecoin payments with nearly 150 million merchants.
Stablecoins processed $35 trillion in transactions last year, more than double Visa's annual payment volume.
U.S. lawmakers recently clarified that some fiat-backed stablecoins are not securities, but uncertainty remains in the broader landscape.
Mastercard has partnered with MoonPay to launch stablecoin payment cards for individuals and businesses, marking the company's latest step in the cryptocurrency space.