The company announced on Thursday that Moonpay has made a partnership with MasterCard to allow users to spend Stablecoins on more than 150 million merchants worldwide.
Integration means that users of “each encryption wallet” will be able to access the virtual Mastercards that are directly extracted from their Stablecoin balances. Cards can be used in any merchant in MasterCard.
The operation comes amid a wider direction. MasterCard revealed last month Stablecoin capabilities from end to end Since it moves deeper into the cryptocurrency economy, it has participated with OKX to launch the discount card with the stock exchange.
Likewise, the exchange of encryption Kraken cooperative with MasterCard To allow its users in the United Kingdom and Europe to spend their encrypted currency in any merchant in the giant payment network.
Earlier this year, MasterCard also started supporting the origins of the distinguished real world (RWAS) on its network through a partnership with Ondo Finance, which provides distinctive American treasury bills.
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