Chainlink LINK Powers Mastercard’s On-Chain Crypto Purchase Initiative for Cardholders
Mastercard has partnered with blockchain oracle provider chainlink (LINK) to enable its cardholders to purchase cryptocurrencies directly on-chain. Announced on June 24, 2025, this collaboration represents a major step in merging traditional finance with decentralized Web3 ecosystems.
Sergey Nazarov, Chainlink's co-founder, highlighted the partnership's significance in connecting Mastercard's three-billion-user network with decentralized exchanges. "This integration of traditional payment systems with on-chain trading environments is precisely what Chainlink was designed to facilitate," he stated. The solution involves Swapper Finance, XSwap, Shift4, and Zerohash, utilizing Chainlink's industry-leading data interoperability protocols.