Mastercard is deepening its investment in stablecoins through a new partnership with MoonPay, aiming to bring crypto-powered payments into the mainstream. The collaboration will allow users to spend stablecoins via Mastercard-branded cards, with funds automatically converted into fiat currency at the point of sale—accessible at more than 150 million Mastercard-enabled locations worldwide.
The integration will leverage MoonPay’s recently acquired API infrastructure from Iron, enabling fintechs, neobanks, and businesses to link stablecoin balances to card payments, simplifying cross-border transactions and payouts. The move positions crypto wallets as potential digital bank accounts, capable of handling everyday transactions, disbursements, and global remittances.
This infrastructure will also allow businesses to use stablecoins to pay contractors, gig workers, and content creators in real time, offering a faster and more efficient alternative to traditional banking rails.
“By providing solutions that unlock stablecoin utility and ubiquity, we are redefining how money moves globally,” said Scott Abrahams, EVP of global partnerships at Mastercard. “Together with MoonPay, we’re building secure connectivity between crypto and mainstream finance, grounded by trust and driven by scale.”
This announcement comes as Mastercard continues to expand its role in crypto integration, following the unveiling of a comprehensive strategy to make stablecoin usage as seamless as fiat. With increasing regulatory clarity worldwide, Mastercard is betting that stablecoins can shift from niche trading assets to a core element of modern payments.