Stablecoins through traditional cards. This collaboration allows users to spend stablecoins at over 150 million merchant locations worldwide that accept Mastercard. Here’s what you need to know¹ ²:

* Partnership Details: Mastercard's partnership with Binance enables users to earn rewards, pay, and spend stablecoins in their crypto wallets using traditional cards.

* Supported Stablecoins: The partnership supports stablecoins such as USDC, issued by Circle, and other stablecoins issued by Paxos.

* Payment Capabilities: The Mastercard solution includes wallet enablement, card issuance, merchant settlement, and cross-chain transfers, providing a seamless payment ecosystem.

* Launch of the OKX Card: Similarly, Mastercard has partnered with OKX to launch the OKX Card, allowing users to spend stablecoins at merchants worldwide.

* Multi-Token Network (MTN)