#MastercardStablecoinCards Mastercard is actively expanding its presence in the stablecoin ecosystem through strategic partnerships with fintech companies like Stables and MoonPay. These collaborations aim to integrate stablecoins into everyday financial transactions, making it easier for users to spend digital assets globally.

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๐Ÿ’ณ Mastercard-Stables Virtual Card

Stables, an Australian fintech startup, has partnered with Mastercard to launch a virtual prepaid card that allows users to spend stablecoins such as USDC, USDT, DAI, and PYUSD directly at any of the 150 million merchants worldwide that accept Mastercard. This card supports contactless payments via Apple Pay and Google Pay, eliminating the need to convert stablecoins to fiat currency before making purchases. Users can fund their accounts using local currencies or cryptocurrencies and send funds to bank accounts or mobile wallets in over 30 currencies, including Kenyan Shillings.

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๐ŸŒ Mastercard-MoonPay Global Stablecoin Card

In a recent development, Mastercard has teamed up with MoonPay to introduce a global stablecoin card. This virtual card enables users to spend stablecoins like USDC and USDT at over 150 million Mastercard-accepting merchants across more than 200 countries. The card utilizes technology from Iron, a company acquired by MoonPay, to facilitate real-time conversion of stablecoins to local fiat currencies at the point of sale. This partnership aims to simplify cross-border transactions and enhance the utility of stablecoins in everyday spending.

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๐Ÿ”— Mastercardโ€™s Broader Stablecoin Strategy

Beyond these partnerships, Mastercard is implementing a comprehensive approach to integrate stablecoins into the financial ecosystem:

Wallet Integration and Card Issuance: Collaborations with platforms like MetaMask, Kraken, and OKX allow users to link their crypto wallets to Mastercard-branded cards, facilitating seamless spending of stablecoins