#MastercardStablecoinCards

Launching a new initiative aimed at integrating stablecoins into the global payments system. This partnership allows users and businesses to make payments using stablecoins, such as USDC, via Mastercard cards linked to their digital wallets, where stablecoins are automatically converted to local currencies at the point of sale, enabling use at over 150 million merchant locations worldwide.

This initiative relies on the infrastructure provided by Iron, which was acquired by MoonPay in March 2024, to facilitate payments with stablecoins and convert digital wallets to digital bank accounts, making global financial transfers easier.

This step is part of Mastercard's strategy to expand its capabilities in the digital assets space, allowing users to make payments with stablecoins easily and securely, and enhancing the integration of digital currencies with the traditional financial system.