Mastercard Partners with MoonPay to Launch Stablecoin Payment Card Service

Foresight News reports, according to Decrypt, that Mastercard has partnered with crypto payment company MoonPay to launch stablecoin payment card services for 150 million merchants worldwide. This service is based on the technology architecture of stablecoin payment company Iron, which MoonPay acquired in March this year, and will automatically convert transactions into fiat currency.