Partnership Overview

MoonPay has announced a strategic partnership with Mastercard to enable stablecoin payments at over 150 million merchants worldwide. This agreement allows users of any crypto wallet to seamlessly access virtual Mastercards that utilize their stablecoin balances.

Key Points:

• Users will be able to spend stablecoins at a vast network of merchants.
• This initiative is part of Mastercard’s efforts to enhance digital asset transaction capabilities.

The collaboration reflects a growing trend, as Mastercard recently introduced complete stablecoin functionality and partnered with OKX for a similar debit card service. It also follows partnerships with Kraken, which enabled their users in Europe and the UK to utilize cryptocurrency in a broader merchant network.

Through previous collaborations, Mastercard has begun to support tokenized real-world assets via partnerships, significantly expanding the digital payment landscape.

Note: This article is a summary of the partnership details released on May 15, 2025.