#MastercardStablecoinCards Mastercard has launched stablecoin acceptance and payments capabilities, enabling consumers and businesses to use stablecoins like cash at over 150 million merchant locations worldwide. This initiative is made possible through partnerships with major crypto partners like MetaMask, Binance, OKX and Kraken.
*Key Features:*
- *Mastercard Crypto Credential*: Ensures secure, compliant, and user-friendly blockchain transactions by verifying user identities and metadata.
- *Mastercard Move*: A comprehensive suite of money movement solutions designed to facilitate fast, secure, and flexible payments across channels.
- *Stablecoin Conversion*: Allows seamless conversion between stablecoins and bank accounts, enabling users to spend stablecoins at merchants who accept Mastercard.
*Partnerships:*
- *Global Ubiquity*: Enables businesses and individuals to send and receive stablecoin payments across global markets.
- *Efficient Transactions*: Facilitates fast and cost-effective transactions, making it ideal for cross-border payments and remittances.
- *Increased Adoption*: Aims to drive the mainstream adoption of stablecoins, providing a seamless ecosystem for consumers and merchants.⁴