#MastercardStablecoinCards
Mastercard has partnered with Moon Pay to launch a global stable coin card program, enabling users to spend digital currencies like USDC and USDT at over 150 million merchants worldwide. These virtual and physical Mastercard-branded cards link directly to users’ crypto wallets, automatically converting stable coins to local fiat currencies at the point of sale. The initiative leverages Iron’s API-driven infrastructure, acquired by Moon Pay, to facilitate seamless crypto-to-fiat transactions. This development aims to bridge the gap between digital assets and traditional finance, allowing for efficient cross-border payments and expanding the utility of stable coins in everyday transactions. (Altcoin Buzz, The Paypers, Mastercard, Coin telegraph)
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