• Latest
  • Trending
Mastercard and MoonPay partner to bring stablecoin payments to 150 million merchants

Mastercard Partners With MoonPay to Bring Stablecoin Payments to 150 Million Merchants

May 15, 2025
Orange Egypt partners with mnGm to introduce gold trading via mobile wallets

Orange Egypt partners with mnGm to introduce gold trading via mobile wallets

September 26, 2025
BII injects $20 million into Acumen initiative targeting Africa’s off-grid communities

BII injects $20 million into Acumen initiative targeting Africa’s off-grid communities

September 26, 2025
PesaLink and Tendepay join forces to digitise enterprise payments in Kenya

PesaLink and Tendepay join forces to digitise enterprise payments in Kenya

September 26, 2025
How Africa’s Gen Z founders are building startups before graduation

How Africa’s Gen Z founders are building startups before graduation

September 26, 2025
YouTube now lets viewers turn off video end screens

YouTube now lets viewers turn off video end screens

September 26, 2025
Apple iPhone 18 Pro rumours: Design, performance, and camera upgrades

Apple iPhone 18 Pro rumours: Design, performance, and camera upgrades

September 26, 2025
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Cryptocurrency

Mastercard Partners With MoonPay to Bring Stablecoin Payments to 150 Million Merchants

Abimbola Samuel by Abimbola Samuel
May 15, 2025
148 4
0
Mastercard and MoonPay partner to bring stablecoin payments to 150 million merchants

Mastercard and MoonPay partner to bring stablecoin payments to 150 million merchants

472
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Mastercard and MoonPay have entered into a strategic partnership to make stablecoin payments a mainstream option for consumers and businesses across the globe.

The collaboration, which the company announced on Thursday, will see the rollout of Mastercard-branded payment cards connected to users’ stablecoin wallets.

This will allow instant conversion of digital currencies to local fiat for use at over 150 million locations where Mastercard is accepted.

Mastercard eyes stablecoin-traditional finance fusion

The move is designed to integrate the fast-growing stablecoin economy into the traditional financial system, enabling seamless global transactions and offering new digital payment experiences for crypto wallet users.

RelatedPosts

AfriChange embraces stablecoins to power cross-border remittances

How Nigerian creators can get paid without fees using stablecoins

Kazakhstan unveils Evo stablecoin with Solana and Mastercard

The firm’s long-standing reputation in the global payment space, combined with MoonPay’s deep infrastructure in the digital asset ecosystem, provides a strong foundation for the partnership.

According to both companies, enterprises and fintech firms will be able to issue cards that connect directly to consumers’ stablecoin balances.

When used at point-of-sale terminals or online, these stablecoins will be automatically converted into fiat currency in real time, making the payment process seamless for end users.

The partnership builds on MoonPay’s acquisition of Iron in March, a stablecoin infrastructure platform whose API-driven tools will serve as the backbone of the new service.

With Iron, crypto wallets can function as digital bank accounts, enabling businesses to conduct cross-border transactions more efficiently. This capability is expected to improve companies’ management of payouts and disbursements across borders.

The solution is also tailored to meet the needs of underbanked regions and the growing global gig economy. By enabling stablecoin-based payouts, businesses can now more easily compensate freelancers, content creators, and independent contractors.

“By providing solutions that unlock stablecoin utility and ubiquity, we are redefining how money moves globally and driving a shift in payments as we know it,” said Scott Abrahams, executive vice president, Global Partnerships at Mastercard.

“Together with MoonPay, we’re building innovative and secure connectivity between crypto and mainstream finance ecosystems, grounded by trust and driven by scale.” he added.

The partnership also leverages MoonPay’s vast network, which spans more than 500 leading crypto platforms, wallets, and exchanges, and reaches over 100 million active users.

Currently, 20 million crypto wallets perform monthly stablecoin transactions, while 120 million hold stablecoin balances—clear indicators of growing adoption and demand for crypto-enabled financial services.

Ivan Soto-Wright, CEO and Founder at MoonPay, emphasized the strategic value of the collaboration: “MoonPay serves the largest crypto wallets in the industry, and with Mastercard, we’re bringing convenient, trusted stablecoin-enabled cards to crypto users around the world. Our acquisition of Iron and long-standing relationship with Mastercard allow us to power a new era of payments made with stablecoins at more than 150 million merchant locations worldwide.”

Mastercard deepens its crypto strategy

The alliance with MoonPay builds upon Mastercard’s stablecoin strategy, which was unveiled on April 28, 2025. That initiative laid the foundation for enabling stablecoin transactions globally, aiming to simplify their use for both consumers and businesses.

The new integration with MoonPay now extends that framework into a tangible product for everyday spending.

They have also formed key alliances with players such as OKX, Nuvei, and Circle to boost stablecoin usage. These partnerships have paved the way for stablecoin spending via traditional Mastercard cards issued by platforms like MetaMask, Kraken, Gemini, Bybit, and Crypto.com.

To ensure security and ease of use, the company has been rolling out its “Crypto Credential” solution. This solution verifies users and simplifies blockchain transactions by enabling alias-based transfers instead of complex wallet addresses. As part of a global rollout, this system is already active in regions like the UAE and Kazakhstan.

Tags: MastercardMoonPayStablecoin
Abimbola Samuel

Abimbola Samuel

Experienced crypto writer with 2+ years of expertise. Skilled researcher and analyst delivering high-quality articles. Providing insightful perspectives on the latest crypto trends.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.