#MastercardStablecoinCards Mastercard and MoonPay launch global payment cards based on stablecoins.

Mastercard has teamed up with MoonPay to introduce a new payment card that supports stablecoins, allowing users to spend digital assets such as USDC at more than 150 million merchants worldwide. 

This initiative utilizes Iron, the stablecoin payment infrastructure acquired by MoonPay, to facilitate seamless conversions from stablecoins to local currencies during transactions. 

The collaboration aims to enhance the utility of stablecoins in everyday transactions by providing a bridge between digital assets and traditional finance.

With this move, Mastercard continues to expand its presence in the crypto space, following previous partnerships with platforms like OKX and Nuvei to support payments and settlements in stablecoins. 

USDC

1.0004

-0.01%