Mastercard Partners with MoonPay to Launch Stablecoin Payment Card for Global Merchants

In Brief:

Mastercard and MoonPay will launch a stablecoin-based payment card, enabling crypto payments at 1.5 million global merchants.

The service uses technology from Iron, a stablecoin firm acquired by MoonPay in March, and converts crypto to fiat at checkout.

Mastercard is deepening its involvement in crypto payments through a new partnership with MoonPay, announcing the launch of a stablecoin payment card that will allow users to spend digital assets at over 1.5 million merchants worldwide.

The service is built on the infrastructure of Iron, a stablecoin-focused payment company acquired by MoonPay earlier this year. It enables transactions made in stablecoins to be automatically converted to fiat currency at the point of sale, making it seamless for users and merchants alike.

This initiative marks another strategic move by Mastercard into the digital asset space, following previous partnerships with OKX, Circle, and Nuvei. The company continues to position itself as a key player in bridging traditional finance with blockchain-based payment systems.

The stablecoin card offering is designed to provide fast, low-cost payments while expanding crypto’s real-world utility, especially in regions with growing digital asset adoption.

‍