MoonPay, a multinational financial technology company involved in the transfer of cryptocurrency, has partnered with Mastercard to enable stablecoin payments through virtual cards, allowing users of any crypto wallet to spend digital dollars at over 150 million merchants worldwide. The move expands Mastercard’s growing presence in the crypto economy, following similar partnerships with OKX and Kraken to support crypto-to-fiat transactions. It also builds on Mastercard’s broader strategy to integrate digital assets, including support for tokenized real-world assets like US Treasury bills via its partnership with Ondo Finance.
MoonPay Mastercard Launch Crypto Card, Allowing Users to Make Merchant Payments with Stablecoins