Chainlink LINK Soars 5% as Mastercard Deal Paves Way for 3B Users to Buy Crypto On-Chain
Chainlink's LINK token jumped nearly 5% after announcing a strategic partnership with payment giant Mastercard. The collaboration will create a secure bridge between traditional finance and decentralized ecosystems, enabling Mastercard's 3 billion cardholders worldwide to convert fiat to cryptocurrency directly on-chain.
The price movement reflects growing market confidence in Chainlink's oracle technology as critical infrastructure for institutional crypto adoption. LINK stabilized around $13.33 after the initial rally, showing sustained investor interest in the partnership's long-term potential for fiat-to-crypto onboarding.
This integration represents a major step toward mass adoption, combining Mastercard's off-chain payment systems with Chainlink's on-chain data verification. The deal positions LINK as a primary beneficiary of institutional blockchain adoption while expanding DeFi access for mainstream users.