#MastercardStablecoinCards
Mastercard has partnered with MoonPay to launch stablecoin cards, enabling cryptocurrency payments at approximately 150 million merchants worldwide. This collaboration leverages MoonPay's Iron infrastructure to automatically convert digital assets to fiat currency during transactions, addressing volatility concerns and facilitating mainstream crypto adoption.
*Key Features:*
- *Global Reach*: The stablecoin cards will be available globally, allowing users to make payments in various markets.
- *Stablecoin Support*: The cards will support stablecoins like USDC, USDT, and DAI, which are pegged to fiat currencies and offer price stability.
- *Seamless Transactions*: The technology enables fast and smooth transactions, reducing international transfer costs and settlement times.
- *Faster Deposits and Withdrawals*: Users can load up their accounts with stablecoins and withdraw crypto winnings, spending them instantly via Mastercard at any merchant.
*Benefits:*
- *Increased Adoption*: Mastercard's stablecoin cards aim to drive mainstream adoption of cryptocurrency payments.
- *Convenience*: The cards provide a convenient way to use digital assets for everyday purchases.
- *Lower Transaction Fees*: Merchants may benefit from lower transaction fees compared to traditional payment methods ¹ ² ³.
