Mastercard Taps MoonPay to Simplify Stablecoin Payments for 150M Businesses Globally

By: bitcoin ethereum news|2025/05/16 05:30:07
0
Share
copy
Mastercard will roll out new crypto card solutions for stablecoin off-ramp payment with its latest collaboration with MoonPay. Mastercard’s intentions have been clear from the start: it wants to deepen its presence in the digital asset industry. Today, that foray continued with a new collaboration with crypto payment solution MoonPay. In a Thursday press release, Mastercard’s latest partner, Moonpay, announced that it will work closely with the card giant to simplify stablecoin payments. The new linkup will make crypto payments seamlessly available to 150 million businesses globally. Mastercard to Leverage MoonPay for Stablecoin Payment Mastercard recently disclosed that it is developing a blockchain-based protocol to facilitate crypto transactions among retail and institutional users. The initiative would simplify on-ramp and off-ramp payments, with the firm likening it to a Venmo or Zelle-like system. Today, it aims to make stablecoin payments available to millions of users globally. At the center of this new initiative is MoonPay’s Iron technology, an infrastructure platform that provides stablecoin payment APIs, allowing merchants and fintechs to integrate rails for swift crypto payments. Notably, MoonPay acquired the firm in March 2025. MoonPay stressed that the integration will give every crypto wallet instant access to virtual Mastercards for stablecoin-powered transactions. Meanwhile, stablecoin adoption has continued to swell as traditional finance acknowledges the crypto’s potency in several applications, including payments. The fiat-pegged digital asset sector has grown to a $245 billion industry amid increasing traction. In 2024, stablecoin transfer volume reached $27.6 trillion, trouncing the combined volume of Visa and Mastercard. Easing Stablecoin Regulation Meanwhile, two stablecoin bills recently gained Congress approval as the United States facilitates efforts to create a regulatory framework. The STABLE Act and GENIUS Act could soon be passed into law pending the decision from the full House floor. However, it bears mentioning that the GENIUS Act recently faced a major hurdle in Congress. In the meantime, the stablecoin industry still has hovering uncertainties around its classification. While the US Securities and Exchange Commission has attempted to classify the currency as non-security, its exemption of algorithmic stablecoins failed to clear the lingering doubts. Nonetheless, the regulator recently dropped charges against PayPal’s stablecoin (PYUSD), reflecting its friendly disposition towards the sector. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/15/mastercard-taps-moonpay-to-simplify-stablecoin-payments-for-150m-businesses-globally/?utm_source=rss&utm_medium=rss&utm_campaign=mastercard-taps-moonpay-to-simplify-stablecoin-payments-for-150m-businesses-globally

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more