#MastercardStablecoinCards

Launch of an Initiative Between Mastercard and MoonPay

Mastercard and MoonPay are launching a new initiative aimed at facilitating the use of stablecoins in daily payments worldwide. Through this collaboration, users will be able to link their stablecoin wallets to Mastercard cards, allowing them to easily spend these digital currencies at over 150 million merchants that accept Mastercard cards globally.

This initiative relies on the infrastructure of Iron, a company specialized in stablecoin payment solutions that was recently acquired by MoonPay. The new cards will automatically convert stablecoins to the merchant's local currency at the time of purchase, making the process seamless for both consumers and merchants.

This step aims to enhance the adoption of stablecoins and expand their use in everyday and cross-border transactions. This initiative is expected to contribute to increased trust in the use of digital currencies and provide innovative and effective payment solutions for users around the world. $BNB