#MastercardStablecoinCards
Mastercard, in collaboration with MoonPay, announced the launch of a new initiative aimed at integrating stablecoins into the global payment system. This partnership allows users and businesses to make payments using stablecoins, such as USDC$, through Mastercard cards linked to their digital wallets, where stablecoins are automatically converted to local currencies at the point of sale, enabling their use at more than 150 million retail locations worldwide.
This initiative relies on the infrastructure provided by Iron, which was acquired by MoonPay in March 2024, to facilitate payments in stablecoins and convert digital wallets into digital bank accounts, thus simplifying global financial transfers.
This step is part of Mastercard's strategy to expand its capabilities in the field of digital assets, allowing users to make payments with stablecoins easily and securely, and enhancing the integration of digital currencies with the traditional financial system.