#MastercardStablecoinCards Mastercard has emerged as a leading force in bridging traditional finance with blockchain technology through its stablecoin-powered payment cards, designed to enable seamless spending of digital assets at over 150 million merchants globally.

Through partnerships with Circle (USDC) and Paxos, merchants can opt to receive settlements in stablecoins, bypassing traditional fiat conversion delays. Nuvei facilitates this integration, ensuring compatibility with existing retail systems .

Merchants in regions like Latin America, Europe, and Asia can now accept stablecoin payments via Mastercard’s network, reducing cross-border transaction fees and settlement times .

By linking stablecoins to everyday spending, Mastercard aims to accelerate crypto’s utility beyond speculation, targeting a $238 billion stablecoin market .

Lower transaction fees, faster remittances, and rewards programs (e.g., MetaMask card rewards) incentivize adoption among consumers .

Users of MetaMask, OKX, Kraken, and other partnered wallets can generate virtual cards directly from their accounts .

Options include virtual cards for online purchases and physical cards for in-store transactions .

Initially rolling out in crypto-friendly markets, with plans for global expansion .