Mastercard and MoonPay have unveiled a strategic partnership aimed at bringing stablecoin payments into the global mainstream.
The collaboration will allow businesses and FinTechs to issue Mastercard-branded cards linked directly to users’ stablecoin balances, offering seamless conversion into fiat currency for spending at over 150 million merchant locations worldwide.
At the heart of the initiative is Iron, an API-based stablecoin infrastructure acquired by MoonPay in March. This technology underpins the payment flow, enabling digital asset wallets to operate more like modern digital bank accounts. For businesses, this means faster, easier management of disbursements and payouts — whether to gig workers, content creators, or remote contractors — and a more streamlined approach to cross-border transactions.
By combining Mastercard’s expansive payment network and digital asset experience with MoonPay’s infrastructure, the partnership is designed to create a frictionless bridge between digital asset and traditional financial ecosystems. The solution aims to benefit a wide range of use cases — from shoppers making local purchases in Asia to suppliers receiving international payments in Europe — by delivering a more agile and intuitive method of transacting.
MoonPay brings substantial reach to the table, thanks to its integrations with over 500 digital asset platforms and exchanges, touching more than 100 million active users. The company is uniquely positioned to roll out stablecoin-enabled Mastercard cards at global scale.
Mastercard executive vice president, global partnerships Scott Abrahams said, “By providing solutions that unlock stablecoin utility and ubiquity, we are redefining how money moves globally and driving a shift in payments as we know it.
“Together with MoonPay, we’re building innovative and secure connectivity between crypto and mainstream finance ecosystems, grounded by trust and driven by scale.”
MoonPay CEO and founder Ivan Soto-Wright added, “MoonPay serves the largest crypto wallets in the industry, and with Mastercard, we’re bringing convenient, trusted stablecoin-enabled cards to crypto users around the world.
“Our acquisition of Iron and long-standing relationship with Mastercard allow us to power a new era of payments made with stablecoins at more than 150 million merchant locations worldwide.”
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