#MastercardStablecoinCards #MastercardStablecoinCards

Mastercard has partnered with Binance to enable stablecoin payments through traditional cards. This collaboration allows users to spend stablecoins at over 150 million merchant locations worldwide that accept Mastercard. Here’s what you need to know¹ ²:

* Partnership Details: The partnership between Mastercard and Binance enables users to earn rewards, pay, and spend stablecoins in their crypto wallets using traditional cards.

* Stablecoin Support: The partnership supports stablecoins like USDC, issued by Circle, and other stablecoins issued by Paxos.

* Payment Capabilities: Mastercard’s solution includes wallet enablement, card issuance, merchant settlement, and on-chain transfers, providing a seamless payment ecosystem.

* OKX Card Launch: Similarly, Mastercard has partnered with OKX to launch the OKX card, allowing users to spend stablecoins at merchants worldwide.

* Multi-Token Network (MTN): Mastercard's MTN network facilitates real-time settlements and redemptions of tokenized assets, with partners like JPMorgan Chase and Standard Chartered already connected.