Kraken and Mastercard Partner to Enable Cryptocurrency Payments

US-based cryptocurrency exchange Kraken has partnered with Mastercard to launch a new system for making payments using cryptocurrencies within the UK and Europe. This groundbreaking collaboration aims to make digital assets readily available for everyday purchases, bringing crypto closer to mainstream commerce. By combining the experience of Kraken Pay with the global reach of Mastercard, users can now easily use over 300 cryptocurrencies for everyday transactions, instantly converting their holdings into local currencies. The partnership also introduces a streamlined payment system through specially-designed bank cards available in both physical and digital formats. This collaboration marks a significant step forward in integrating cryptocurrency into daily life and demonstrates its potential as a long-term solution for financial transactions.