Mastercard and MoonPay Collaborate to Launch Stablecoin Payment Cards
Mastercard, a global leader in digital payments, has partnered with cryptocurrency infrastructure provider MoonPay to introduce stablecoin-enabled payment cards. This initiative bridges decentralized finance with traditional payment networks, allowing users to spend stablecoins at over 150 million merchant locations worldwide through real-time fiat conversion.
The solution leverages technology from Iron, a MoonPay acquisition, to streamline stablecoin transactions. By transforming crypto wallets into functional bank accounts, the partnership accelerates cross-border settlements for businesses and fintech platforms. Institutional adoption of blockchain payment rails continues gaining momentum as legacy financial players integrate digital asset functionality.
