#MastercardStablecoinCards : Mastercard has partnered with MoonPay to launch stablecoin-enabled cards, aiming to bridge the gap between digital assets and everyday transactions. This collaboration allows users to spend their stablecoins at over 150 million Mastercard-accepting locations globally. The technology leverages Iron's API-driven stablecoin infrastructure, acquired by MoonPay, enabling seamless conversion of stablecoins to fiat currency at the point of sale.
This initiative seeks to enhance the utility of crypto wallets, transforming them into digital bank accounts for efficient cross-border payments and facilitating stablecoin-based payouts for gig workers and creators. By combining Mastercard's global network with MoonPay's crypto expertise, the partnership strives to make stablecoin payments more accessible and mainstream.