#MastercardStablecoinCards $BTC The news about the Mastercard Stablecoin Cards refers to an initiative by Mastercard to allow cardholders to make transactions directly using their balances in stablecoins. This news has gained relevance recently due to several announcements and developments:
Key Points of the News:
Partnership with MoonPay: Mastercard has partnered with the cryptocurrency payment infrastructure company MoonPay to make this functionality possible.
Integration of Iron's Infrastructure: MoonPay will utilize the technological infrastructure of Iron, a stablecoin payment company acquired in March 2025, to facilitate these transactions.
Global Reach: This function is expected to be available at all merchants worldwide that accept Mastercard credit and debit cards, representing over 150 million locations.
Cross-Border Payments: This partnership is designed to enable the smooth movement of funds across borders using stablecoins, while recipients receive payment in their preferred fiat currency.
Wallet Enablement: Iron's APIs will allow Mastercard to access millions of stablecoin wallets across multiple exchanges using MoonPay's infrastructure.
Visa Also in the Space: It is noted that Visa is also making strides in the stablecoin space, suggesting a broader trend in the payments industry.
Mastercard Crypto Credential: Mastercard has also introduced its "Crypto Credential," a system that allows users of cryptocurrency exchanges to send and receive digital assets using simple and trusted usernames.
Mastercard Multi-Token Network (MTN): This network helps to enable real-time payments and exchanges, allowing partners to leverage on-chain tokenized assets.