#MastercardStablecoinCards This initiative leverages the infrastructure of Iron, a stablecoin payment platform recently acquired by MoonPay. The process involves seamless, automatic conversion of stablecoins to traditional fiat currency at the point of sale, ensuring a smooth experience for both consumers and merchants.
Mastercard sees stablecoins as a key element for increasing efficiency in global payments and is actively working to bridge the gap between the cryptocurrency ecosystem and traditional finance. This move is expected to expand the use of stablecoins for everyday transactions.