Mastercard Cuts Through Crypto Clutter—Launches Stablecoin Card With OKX

Mastercard just bulldozed another barrier between crypto and mainstream finance—rolling out full stablecoin settlement paired with a shiny new OKX co-branded card. Because nothing says ’adoption’ like letting degens swipe their Tether at Whole Foods.

The payments giant now handles the entire stablecoin stack: issuing, settling, converting to fiat. No more hopping between three intermediaries just to buy coffee. TradFi infrastructure meets crypto’s wild west—with all the compliance paperwork you’d expect from a 58-year-old financial dinosaur.

One cynical take? After watching Visa’s crypto volley score partnerships with 65+ exchanges, Mastercard finally decided to stop sitting on its legacy rails. The race to tokenize everything just got a turbo boost—whether regulators are ready or not.