Mastercard Partners with Chainlink to Enable Direct Crypto Purchases for Cardholders
Mastercard has forged a groundbreaking alliance with Chainlink, allowing its 3 billion cardholders to buy cryptocurrencies directly on-chain. This fiat-to-crypto conversion system circumvents centralized exchanges, accelerating mainstream adoption.
The collaboration leverages Chainlink's oracle infrastructure to bridge Mastercard's payment network with blockchain smart contracts. Sergey Nazarov, chainlink co-founder, hailed the integration as a pivotal moment in financial technology evolution.
The move signals traditional finance's deepening embrace of digital assets, aligning with broader institutional adoption trends. By eliminating complex onboarding, this partnership could onboard millions to crypto markets through familiar payment rails.
