Mastercard & Chainlink Team Up: Now Buy Crypto On-Chain with Your Card

Banks just got sidelined. Mastercard cuts out the middleman by integrating Chainlink’s oracle tech—letting users pump crypto directly into self-custody wallets with a swipe.

No more off-ramps, no more exchange hoops. Your plastic suddenly becomes a Web3 on-ramp. TradFi’s playing catch-up again.

Chainlink’s decentralized price feeds handle the heavy lifting, converting fiat to crypto at settlement. Meanwhile, legacy finance still charges 3% for the privilege of moving your own money.

Bullish? Obviously. The real question: How long until Visa copies the playbook?

Mastercard Continues Crypto Adoption Initiative

Leading credit card company Mastercard has already made several moves in 2025 involving cryptocurrency for its customers. Back in April, it officiallyfor stablecoin settlement, giving users the ability to pay with stablecoins. The card company also announced that it is working with crypto exchange OKX to launch a new card. Mastercard already has partnerships like this with several crypto institutions, including MetaMask.

As adoption of crypto assets continues to grow, collaborations like the one between Mastercard and Chainlink are helping drive a new wave of users that bridge the gap between crypto technology and real-world usability.

“There’s no doubt about it – people want to be able to easily connect to the digital assets ecosystem, and vice versa. That’s why we continue to leverage our proven expertise and global payments network to bridge the gap between on-chain commerce and off-chain transactions,” said Raj Dhamodharan, executive vice president, Blockchain & Digital Assets at Mastercard. “In coming together with Chainlink, we’re unlocking a secure and innovative way to revolutionize on-chain commerce and drive the broader adoption of crypto assets.”

Chainlink’s native LINK cryptocurrency is up 13% on Tuesday following the announcement.