#MastercardStablecoinCards Mastercard has launched stablecoin cards in partnership with MoonPay, enabling users to make payments with stablecoins at approximately 150 million merchants worldwide. The cards utilize Iron's technology, acquired by MoonPay in March 2025, to instantly convert stablecoins into fiat currency at the point of sale, addressing volatility concerns that previously limited crypto adoption in traditional retail.
*Key Features:*
- *Global Reach*: The stablecoin cards are accepted at over 150 million merchants globally, allowing users to spend stablecoins like cash.
- *Instant Conversion*: The Iron platform converts stablecoins to fiat currency in real-time, ensuring seamless transactions.
- *Partnerships*: Mastercard has partnered with various crypto companies, including OKX, Nuvei, and Circle, to expand its stablecoin payment capabilities ¹ ².
*Benefits:*
- *Faster Payments*: Stablecoins enable faster settlement times compared to traditional payment methods.
- *Lower Fees*: Merchants may benefit from lower transaction fees.
- *Increased Adoption*: The partnership aims to drive mainstream adoption of stablecoins by providing a user-friendly payment experience ³.
*Market Impact:*
- *Stablecoin Volume*: Stablecoins have processed over double the volume of Visa in the past year, with a total transaction volume of $3.5 trillion.
- *Growing Demand*: The supply of stablecoins in circulation is worth $214 billion, with 120 million wallets holding stablecoin balances ³.
