Mastercard to launch new stablecoin payment card in partnership with MoonPay

Odaily News Mastercard has reached a cooperation with the crypto payment company MoonPay to launch a stablecoin payment card service for 150 million merchants worldwide. The service is based on the technical architecture of Iron, a stablecoin payment company acquired by MoonPay in March this year, and will be automatically converted into fiat currency during transactions. This is another layout of Mastercard in the field of crypto payments after its cooperation with OKX, Nuvei and Circle in April. (Decrypt)