Chainlink and Mastercard Partner to Enable Onchain Crypto Access for 3 Billion Users
Chainlink and Mastercard have unveiled a groundbreaking partnership aimed at bridging traditional card payments with the onchain crypto ecosystem. This collaboration leverages Chainlink's secure interoperability infrastructure and Mastercard's vast network to facilitate regulated fiat-to-crypto conversions, opening new avenues for decentralized finance (DeFi) adoption.
The integration includes support from key players such as Zerohash, Swapper Finance, Shift4 Payments, and XSwap, utilizing the Uniswap protocol. By combining decentralized exchange technology with traditional financial infrastructure, the system ensures seamless and secure crypto transactions for end users.
Mastercard's trusted payment systems, enhanced by Chainlink's blockchain data network, enable real-time crypto purchases within smart contracts. This initiative marks a significant step toward mass crypto adoption, bringing decentralized financial services to over 3 billion Mastercard cardholders worldwide.