#MastercardStablecoinCards

Mastercard has partnered with MoonPay to launch the Mastercard Stablecoin Card, a new financial tool that enables users to spend stablecoins like USDC at over 150 million merchants worldwide where Mastercard is accepted. This groundbreaking initiative bridges the gap between digital assets and traditional finance.

Key Highlights of the Mastercard Stablecoin Card:

Global Acceptance: Use the card at any Mastercard-supported merchant, with transactions automatically settled in local fiat currencies.

Real-Time Conversion: Powered by Iron’s API infrastructure (acquired by MoonPay in March), stablecoins are instantly converted to fiat at the point of sale, ensuring seamless payments for merchants.

Crypto Wallet Integration: Virtual Mastercard cards can be issued directly from crypto wallets, enabling users to spend stablecoin balances easily and securely.

Support for Businesses: Ideal for businesses, this card simplifies global payouts and disbursements, including payments to gig workers, freelancers, and creators using stablecoins.

You can watch a video featuring MoonPay’s$SOL