Mastercard announced a collaboration with MoonPay to launch cards backed by stable cryptocurrencies, such as USDC, allowing users of digital wallets to issue virtual Mastercard cards and spend their assets at more than 150 million merchants worldwide.

This move aims to facilitate the use of stablecoins in everyday payments, bringing the world of digital assets closer to the traditional economy.

It also reflects Mastercard's efforts to expand its presence in the cryptocurrency sector and compete with Visa in adopting innovative financial solutions based on blockchain.