Mastercard and MoonPay are teaming

Hey there! Exciting news—Mastercard and MoonPay are teaming up to make stablecoin payments a breeze! 😎 With this partnership, you’ll be able to use your Mastercard-branded cards to spend digital currency at over 150 million spots worldwide where Mastercard is accepted. How cool is that?

They’re tapping into Iron’s awesome API-driven stablecoin tech (which MoonPay snapped up in March) to make payments smooth for businesses and turn crypto wallets into digital bank accounts for super-easy cross-border transfers. Plus, it’s opening doors for gig workers, contractors, and creators to get paid with stablecoins. 🚀

Mastercard’s huge global network is joining forces with MoonPay’s crypto connections, reaching over 100 million active crypto users across 500+ platforms. It’s all about making payments secure, simple, and accessible for everyone!

Scott Abrahams from Mastercard said, “We’re shaking up how money moves around the world, connecting crypto and traditional finance in a big way!” Meanwhile, MoonPay’s CEO Ivan Soto-Wright added, “With Mastercard and our Iron tech, we’re bringing stablecoin-powered cards to crypto fans everywhere, usable at tons of merchants!”

Oh, and fun fact: MoonPay also scored a $200M credit line from Galaxy earlier this year to keep the momentum going. 💸 This is a game-changer for crypto payments—stay tuned for more!