#mastercardStablecoincard

Mastercard is launching stablecoin payment cards in partnership with crypto firms like MoonPay, OKX, and Nuvei, enabling users to spend stablecoins (e.g., USDC) at over 150 million merchants globally. Transactions are converted to fiat automatically, leveraging infrastructure like MoonPay’s Iron. The initiative includes wallet enablement, card issuance, and merchant settlement, with features like Mastercard Crypto Credential for simplified transfers. This expands Mastercard’s crypto push, competing with Visa, despite regulatory uncertainties.