Chainlink and Mastercard Partner to Let 3 Billion Cardholders Buy Crypto Directly Onchain
Chainlink and Mastercard have announced a major partnership enabling over 3 billion Mastercard holders worldwide to purchase cryptocurrencies directly onchain. This collaboration marks a significant step toward mainstream adoption of Web3 and decentralized finance, bridging the gap between traditional payment systems and blockchain-based assets.
The new service integrates several key players:
Chainlink’s interoperability protocol verifies and synchronizes transaction data between Mastercard’s global payments network and multiple blockchains.
Shift4 Payments processes card payments.
ZeroHash provides the onchain service and liquidity, converting fiat to crypto with seamless, regulated smart contract execution.
Swapper Finance and XSwap deliver a user-friendly app experience, sourcing liquidity from decentralized exchanges like Uniswap.
This unified platform allows Mastercard holders to access crypto markets directly, with compliance and security ensured by the partnership’s infrastructure. The service is now live on the Swapper Finance platform.
Executives from both companies emphasized the importance of this move. Sergey Nazarov, Chainlink co-founder, highlighted the critical connection this creates between traditional payments and next-generation onchain trading environments. Raj Dhamodharan, Mastercard’s head of blockchain and digital assets, stated the partnership unlocks a secure and innovative way to drive broader adoption of crypto assets
