#MastercardStablecoinCards Mastercard has partnered with MoonPay to launch a global stablecoin card program, enabling users to spend stablecoins like USDC at over 150 million merchants worldwide. This initiative aims to bridge the gap between digital assets and traditional finance, allowing seamless conversion of stablecoins to fiat currency at the point of sale.
Key Highlights
Global Acceptance: Users can utilize Mastercard-branded cards linked to their stablecoin wallets for everyday purchases at any location accepting Mastercard.
API-Driven Infrastructure: The program leverages Iron's API infrastructure, acquired by MoonPay, to facilitate stablecoin-powered payments and transform crypto wallets into digital bank accounts.
Enhanced Financial Inclusion: By integrating stablecoin payments, Mastercard aims to provide more efficient cross-border transactions and broaden access to digital financial services.