💳 Mastercard Launches Stablecoin Cards in Partnership with MoonPay — Decrypt

🌐 Mastercard continues its crypto adoption push — together with MoonPay, it is launching a global card service that enables payments in stablecoins. The service will be built on Iron, the payment platform MoonPay acquired in March.

📌 What this enables:

— Stablecoin payments at 150+ million merchants worldwide

— Instant conversion to fiat with each transaction

— Works like a regular card, but draws from a crypto balance

⚖️ Regulatory context:

— The SEC has acknowledged that some stablecoins are not securities

— The investigation into PayPal USD was closed in April

— Open questions remain around algorithmic and yield-bearing stablecoins

💡 Why it matters:

This is no longer an experiment — it’s a large-scale integration of crypto into everyday payments. Mastercard isn’t just testing the waters; it’s building infrastructure for a new digital economy — from remittances to the creator segment.