Mastercard and Chainlink Partner to Enable On-Chain Crypto Purchases for 3 Billion Users

Mastercard has unveiled a groundbreaking partnership with Chainlink to facilitate direct on-chain cryptocurrency purchases for its 3 billion cardholders. The integration leverages Shift4 for payment processing, Zero Hash for custody and liquidity, and XSwap or Uniswap for token swaps. Chainlink's interoperability layer ensures secure data transmission between Mastercard and multiple blockchains.

Raj Dhamodharan, Mastercard's blockchain lead, emphasized the initiative's goal to bridge on-chain commerce with off-chain transactions. chainlink co-founder Sergey Nazarov highlighted the significance of connecting traditional payment systems with Mastercard's vast user base.

Beyond crypto access, Mastercard is expanding support for regulated stablecoins—including PayPal's PYUSD, Paxos' USDG, Fiserv's FIUSD, and USDC—across its payment rails. These assets will be integrated into Mastercard Move for cross-border payments, card products, and merchant settlements.