Mastercard and MoonPay Launch Stablecoin-Powered Cards

Mastercard has partnered with MoonPay to introduce stablecoin-enabled payment cards, allowing users to spend digital assets like USDC and USDT at over 150 million merchants worldwide. These cards convert stablecoins into local currencies at the point of sale, facilitating seamless transactions.

This initiative leverages Iron's API-driven infrastructure, acquired by MoonPay in March, to transform crypto wallets into digital bank accounts. It aims to enhance cross-border payments and provide efficient payout solutions for gig workers and creators.

By integrating stablecoins into everyday spending, Mastercard and MoonPay are bridging the gap between digital assets and traditional finance, promoting broader adoption of cryptocurrencies in daily transactions.

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