#MastercardStablecoinCards Mastercard is advancing stablecoin adoption through several key initiatives¹ ²:
- *Stablecoin Acceptance*: Mastercard enables global stablecoin payments, allowing consumers and merchants to use stablecoins like cash at over 150 million merchant locations.
- *Partnerships*: Collaborations with crypto natives like MetaMask, Binance, OKX and Kraken facilitate seamless transactions and provide users with easy access to their funds.
- *Mastercard Crypto Credential*: Ensures secure, compliant blockchain transactions by verifying user identities and metadata.
- *Mastercard Move*: Allows users to withdraw stablecoins into traditional bank accounts.
- *OKX Card*: A new card launched in partnership with OKX, providing millions with easy access to their funds.
Mastercard's stablecoin capabilities include³:
- *Card Issuing & Spending*: Virtual or physical Mastercard-branded debit cards linked to stablecoin balances for everyday purchases.
- *Payout Rails*: Businesses can push stablecoin payouts onto cards, improving cross-border speed and reducing remittance fees.
- *Merchant Settlement*: Merchants can opt to receive payments in stablecoins like USDC, reducing FX costs for global e-commerce.