Chainlink and Mastercard Partner to Enable On-Chain Crypto Purchases for 3 Billion Cardholders
Chainlink has forged a strategic partnership with Mastercard, unlocking direct on-chain cryptocurrency purchases for the payment giant's 3 billion cardholders worldwide. The collaboration leverages Chainlink's cross-chain interoperability protocol and Mastercard's global payments infrastructure to bridge traditional finance with decentralized networks.
The solution integrates Zerohash for fiat-to-crypto conversion liquidity, Swapper Finance and XSwap for token swapping functionality, and Shift4 Payments for merchant processing—all operating through Uniswap's protocol. Raj Dhamodharan of Mastercard noted growing consumer demand for seamless access to digital assets, while chainlink co-founder Sergey Nazarov emphasized this as a watershed moment for TradFi-DeFi convergence.