#MastercardStablecoinCards
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 the annual payment volume of Visa.
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, representing the company's latest move in the cryptocurrency space.
This step comes as stablecoins continue to grow in popularity despite ongoing regulatory uncertainty affecting some areas of their growth.