The post MoonPay and Mastercard Partner on Stablecoin Payments appeared on BitcoinEthereumNews.com.

MoonPay and Mastercard launch stablecoin-powered virtual cards for global payments. Crypto wallets evolve into digital bank accounts for freelancers and creators. Mastercard supports stablecoins as trusted, mainstream payment tools. In a significant move for the digital payments industry, a new collaboration between MoonPay and Mastercard is set to reshape how stablecoins are used in daily transactions. Thanks to this partnership, users of crypto wallets will soon be able to make payments at over 150 million locations via Mastercard-branded stablecoin cards. This news was shared via MoonPay’s official X account. MoonPay Turns Crypto Wallets Into Digital Bank Accounts Through this partnership, users of crypto wallets will soon gain access to Mastercard-branded virtual cards powered by stablecoins. They can now use their cards to pay at over 150 million locations where Mastercard is a popular choice. Because all stablecoin transactions convert to cash at the time of sale, using these accounts is quite simple. This partnership is being driven by the stablecoin technology developed by Iron, a company that MoonPay bought in March. With this infrastructure in place, companies and fintech services will be able to accept stablecoin transactions. Thanks to this partnership, cross-border payments and quick payouts may now be handled more efficiently and at a lower cost. MoonPay is aiming to make crypto wallets like digital bank accounts for the first time. These new wallets could give freelancers, gig workers, and content creators the ability to receive their payments in digital currency. Because of this, handling payroll for freelancers and independent workers can become more convenient and fair for all. With more than 500 connected crypto platforms, MoonPay is ready to introduce the new feature widely. As there are already over 100 million users and 20 million wallets dealing in monthly stablecoins, the system is prepared to grow. This reveals…

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Filed under: News - @ May 16, 2025 3:28 am