Mastercard Integrates Stablecoins for Seamless Crypto Payments

Mastercard has unveiled a major new strategy to deepen its involvement in the world of crypto payments. The company’s latest integration allows consumers to easily earn, pay, and spend stablecoins through their preferred crypto wallets and traditional Mastercard cards at over 150 million merchant locations globally. This move enables direct transfers of stablecoins into bank accounts using Mastercard Move. To support this initiative, Mastercard has partnered with major stablecoin issuers such as Circle (the issuer of USDC), Paxos, and OKX, enabling a smooth integration for users.