In a step aimed at promoting the widespread use of stablecoins, Mastercard has partnered with MoonPay to launch global payment cards that support stablecoins.
These cards will enable users and businesses to spend stablecoins like USDT and USDC anywhere Mastercard is accepted, significantly expanding the use cases for these digital assets. Stablecoins will be automatically converted to local currency at the point of sale.
This partnership is part of Mastercard's broader efforts to integrate digital assets into the traditional payments system, facilitating access to and everyday use of them👍.