#MastercardStablecoinCards Mastercard has partnered with Australian fintech startup Stables to launch a virtual prepaid card that allows users to spend stablecoins like USDC seamlessly across Mastercard’s global network. This innovation bridges the gap between digital assets and traditional finance, enabling real-world spending of stablecoins without the need for prior conversion to fiat currencies.

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🌏 Global Rollout: From Australia to Europe

Australia Launch (2023): Stables debuted the first stablecoin-only virtual card in the Asia-Pacific region, allowing users to spend their USDC holdings directly at any merchant accepting Mastercard, both online and in-store.

European Expansion (2024): Following the Australian success, Stables expanded into Europe, offering the same seamless stablecoin spending experience. European users can now make contactless payments via Apple Pay and Google Pay across Mastercard’s extensive merchant network.

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💳 Key Features of the Stables Mastercard Virtual Card

Direct Stablecoin Spending: Users can spend their stablecoin balances without converting them to fiat beforehand.

Global Acceptance: The card is accepted wherever Mastercard is, covering over 210 countries and territories.

Digital Wallet Integration: Compatible with Apple Pay and Google Pay for contactless payments.

Regulatory Compliance: Stables holds a Virtual Asset Service Provider (VASP) license, ensuring adherence to regional regulations.

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🔍 Future Outlook

Stables aims to continue its global expansion, bringing stablecoin spending capabilities to more regions. The collaboration with Mastercard signifies a significant step towards integrating digital assets into everyday financial transactions, offering users greater flexibility and control over their digital finances.

For more information or to sign up for the Stables virtual card, visit their official website.