#MastercardStablecoinCards

Mastercard and crypto infrastructure provider MoonPay have announced a collaboration aimed at integrating stablecoin payments into the global card network.

The initiative enables fintechs and enterprises to issue Mastercard-branded cards that connect to consumers’ stablecoin balances. Transactions will automatically convert stablecoins to fiat currency at the point of sale, allowing use at more than 150 million locations worldwide that accept Mastercard.

The rollout leverages technology from Iron, a stablecoin infrastructure platform acquired by MoonPay in March 2024. This API-based solution will facilitate the use of stablecoins in both consumer and business payment flows. The setup is intended to support global disbursements, particularly in cross-border contexts, offering a way for gig workers, independent contractors, and content creators to receive payouts in stablecoins that are readily spendable through existing card rails.