#MastercardStablecoinCards

** Mastercard Partners with MoonPay to Enable Stablecoin Payments **

Mastercard has announced a significant partnership with crypto payments firm MoonPay to make stablecoin payments more accessible globally.

The collaboration will allow users to spend their stablecoin balances at over 150 million merchant locations worldwide that accept Mastercard.

This initiative leverages infrastructure from Iron, a stablecoin payment platform recently acquired by MoonPay. The process involves the seamless, automatic conversion of stablecoins to traditional fiat currency at the point of sale, ensuring a smooth experience for both consumers and merchants.

Mastercard sees stablecoins as a key element in increasing efficiency in global payments and is actively working to bridge the gap between the cryptocurrency ecosystem and traditional finance. This move is expected to expand the utility of stablecoins for everyday transactions.