Mastercard, Valued at $500 Billion, Enables Bitcoin and Stablecoin Payments at 150 Million Merchants

Mastercard, valued at $500 billion, has announced a partnership with MoonPay to enable over 1 billion users to send and receive Bitcoin payments, facilitating mainstream cryptocurrency adoption in global finance. The collaboration also includes the launch of stablecoin-powered payment cards, allowing global payments in USDC & USDT with instant conversion to fiat currency. These virtual Mastercards will be available at 150 million merchants worldwide, facilitated by MoonPay’s infrastructure acquired from Iron in March. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io