MasterCard has partnered with MoonPay to roll out stablecoin-enabled payment cards globally. This move signals a shift in the competitive landscape of the crypto payments space, as major card networks actively explore how to integrate blockchain technology into traditional financial infrastructure. The partnership uses Iron, MoonPay’s acquired infrastructure provider, to enable on-the-fly fiat conversion during transactions, making stablecoin usage seamless for merchants and consumers alike. This initiative seeks to streamline digital payment use cases like retail purchases, cross-border transfers, and creator payouts across a vast network of over 150 million merchants.