#MastercardStablecoinCards Mastercard Stable Coin Card is a payment card that allows users to make transactions using stablecoins at over 150 million merchants worldwide. This card works by automatically converting stablecoins into fiat currency during the transaction, enabling users to make payments easily and quickly.
*Key Features:*
- *Automatic Conversion*: Stablecoins are converted into fiat currency during transactions, so there is no need to worry about price volatility.
- *Wide Acceptance*: The card can be used at over 150 million merchants worldwide that accept Mastercard.
- *Integration with Crypto Wallets*: This card can be integrated with crypto wallets, allowing users to make payments directly with stablecoins.¹ ²
*Collaboration:*
Mastercard collaborates with MoonPay, a fintech company, to develop this stablecoin payment card. MoonPay has acquired Iron, a stablecoin payment infrastructure company, which forms the technological foundation for this card.³
*Benefits:*
- *Easy Payments*: Users can make payments directly with stablecoins, without having to worry about currency conversion.
- *Cost-Effective*: This card can help reduce transaction costs, especially for cross-border transactions.
- *Integration with Financial Systems*: This card can be integrated with traditional financial systems, allowing users to make payments directly with stablecoins.⁴