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Mastercard is partnering crypto exchanges and fintechs to unveil end-to-end acceptance and payments capabilities of stablecoins such as wallet enablement, card issuance and digital commerce

April 29, 2025 //  by Finnovate

Mastercard is doubling down on stablecoins, unveiling new global end-to-end acceptance and payments capabilities with an integrated 360-degree approach to allow consumers and businesses to use stablecoins as easily as the money in their bank accounts. The company has partnered with a host of crypto natives such as MetaMask, Kraken, Gemini, Bybit, Crypto.com and Binance on wallet enablement and card issuance and acceptance. Now it is working with OKX to launch the OKX Card, providing millions with easy access to their funds. Mastercard is also teaming up with Nuvei and Circle to give merchants the option to receive their payments in stablecoins such as USDC, regardless of how a consumer chooses to pay. It already offers this functionality across Paxos-issued stablecoins. “When it comes to blockchain and digital assets, the benefits for mainstream use cases are clear,” says Jorn Lambert, chief product officer, Mastercard. “To realise its potential, we need to make it as easy for merchants to receive stablecoin payments and for consumers to use them. We believe in the potential of stablecoins to streamline payments and commerce across the value chain.

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Category: Members, Crypto & Blockchain, Innovation Topics

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