#MastercardStablecoinCards Freedom?
Mastercard and MoonPay launch cards for payments with stablecoins — USDT, USDC, DAI. On paper — a breakthrough. In reality — a trap.
All payments are automatically converted to fiat. The seller won't even know you paid with crypto. This is not freedom — it's just cosmetics.
The card is directly linked to your wallet. Transparency? More like total control. KYC, freezes, tracking — a "convenience" package as a gift.
The entire system is built on the centralized platform Iron. Acquired by MoonPay. Control — in one set of hands.
There is no regulation. No accountability either. And Mastercard just rushes ahead. If something goes wrong — you will be the ones to blame.
Crypto was created to escape from banks. And now banks use it to stay forever.
This is not decentralization. This is Web2 with a Web3 label. You need your passport and consent for data processing.