MoonPay has partnered with Mastercard to launch a debit card that enables users to spend stablecoins at over 150 million merchants globally, seamlessly converting transactions to fiat currency behind the scenes. This initiative follows MoonPay's acquisition of Iron, enhancing its role in digital payment infrastructure and aligning with Mastercard's ongoing crypto collaborations.

Mastercard is launching a comprehensive infrastructure to facilitate stablecoin transactions, partnering with companies like OKX and Nuvei to enable seamless spending for consumers and flexible acceptance for merchants. This initiative aims to overcome barriers to stablecoin adoption, enhance payment options, and simplify cross-border remittances through innovative technologies.

Mastercard has introduced comprehensive capabilities for stablecoin transactions, partnering with companies like OKX and Nuvei to facilitate seamless payments from wallets to checkouts. This initiative aims to enhance the usability of stablecoins in everyday transactions, supporting both consumers and merchants in a rapidly evolving financial landscape.

MoonPay has partnered with Mastercard to enable users to make stablecoin payments at over 150 million merchants globally by providing virtual Mastercards linked to their crypto wallets. This initiative is part of Mastercard's broader efforts to enhance digital asset transactions and streamline access to cryptocurrency spending.