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Mastercard Doubles Down on Crypto—Now Powers Stablecoin Payments as Wall Street Warms to Digital Assets

Mastercard Doubles Down on Crypto—Now Powers Stablecoin Payments as Wall Street Warms to Digital Assets

Author:
Bitcoinist
Published:
2025-04-29 10:50:02
19
2

Traditional finance giants are finally waking up—Mastercard just rolled out stablecoin settlement for merchants, cutting out legacy banking delays. Meanwhile, presale tokens like Best Wallet Token surge as capital floods into crypto infrastructure plays.

Wall Street’s late to the party (as usual), but they’re bringing the champagne. The move signals a seismic shift: even the old guard now sees blockchain rails as inevitable. Expect more TradFi FOMO as institutions scramble to avoid becoming the next Blockbuster.

One cynical take? This isn’t adoption—it’s survival. Banks are hedging against their own obsolescence. The real winners? Projects building actual utility while suits play catch-up.

Mastercard Expands Crypto Reach with Multiple New Partnerships

The international payment giant has joined forces with major crypto-native companies – Kraken, MetaMask, Gemini, Crypto.com, and Binance – to let you spend stablecoins at the over 150M locations worldwide that accept Mastercard.

Binance and Mastercard

It also makes it easier for you to earn loyalty rewards through these partnerships and withdraw your stablecoins into your bank account using Mastercard Move.

Mastercard’s ambitions to connect people with crypto don’t end there, as evidenced by other new strategic partnerships.

It recently partnered with OKX, one of the best crypto exchanges, to launch the OKX Card. It’s also teamed up with Nuvei and Circle to let merchants accept payments in stablecoins like Circle’s $USDC.

Moreover, JPMorgan Chase and Standard Chartered are now connected to Mastercard’s Multi-Token Network (MTN).

MTN links traditional bank accounts to digital asset opportunities and facilitates real-time transactions to make stablecoin and blockchain payments faster.

Mastercard also lets you send and receive digital assets without complicated wallet addresses, through ‘Mastercard Crypto Credential’. This has gone a long way to boost the trust and transparency of stablecoin transactions.

Mastercard Crypto Credential benefits

However, MasterCard is not the only one on a mission to help turn crypto into cash. With Best Card, Best Wallet is also finding ways to let you pay for your gas with $PEPE.

Tap Into Best Wallet’s Crypto Card & Cross-Chain Swaps

Best Wallet is positioning itself as a top crypto credit card player, combining real-world utility with a deeply integrated DeFi ecosystem.

The upcoming Best Card is a natural extension of the Best Wallet experience. It’s designed to make spending crypto easy, anywhere Mastercard is accepted.

It’s not just a card, it’s a full-fledged non-custodial crypto wallet with loads of other perks. For example, the software wallet’s on-ramper integration gives you the best exchange rates and lowest fees when purchasing crypto directly in-app.

With support for over 1K digital assets, plus cross-chain swaps across 330+ of the best DEXs and 30+ bridges, this is a truly all-in-one crypto solution.

Best Wallet key features

If you’re security-conscious, you can rest easy knowing that the wallet integrates Fireblocks MPC security tech for secure cloud backups of all its multi-chain wallets.

And to top it off, you don’t have to go through KYC-verification, so it’s quick and private. You can use biometric authentication to prevent unauthorized access.

Buy $BEST for Cheaper Fees & Higher Passive Income

Then there’s the $BEST token. Simply for holding some of Best Wallet’s native token, you’ll enjoy cashback on purchases and significantly lower transaction fees.

Moreover, you’ll gain early access to the best new presales and even a say in the Best Wallet ecosystem’s future.

If you’re after a passive income engine, $BEST offers a high staking APY (currently at 126%, but dropping as the presale nears its end).

You can buy $BEST on presale right now for just $0.0249, and get on the winning side of a sea change in the banking industry.

Considering that $BEST has already accumulated $ 11.8 M+ and its price is anticipated to reach $0.072 this year (nearly a 189% spike from its current value), there’s no better time to join.

But this isn’t investment advice. You must always DYOR before making buying crypto and only invest what you can afford to lose without regret.

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