Payment service providers, neobanks, and other FinTech companies can now issue cards linked to stablecoins thanks to a partnership between Mastercard and MoonPay.
Mastercard and crypto company MoonPay announced the launch of a global solution that enables FinTech industry participants to issue branded cards tied to users’ stablecoin balances. When making a payment, stablecoins are automatically converted into fiat, allowing seamless transactions at over 150 million Mastercard-accepting merchants worldwide.
The platform operates on the Iron API infrastructure, acquired by MoonPay in March 2025. It’ll enable financial service providers to efficiently process cross-border payments, manage payouts, and facilitate decentralized money transfers, including rewards for freelancers, contractors, and content creators.
By combining Mastercard’s scalable network with MoonPay’s crypto infrastructure, the partnership aims to create intuitive and secure payment solutions. The new product will be available for both online transactions, such as payments between suppliers in Latin America and Europe, and retail purchases, for example, in the Asia-Pacific region.
MoonPay’s network includes over 500 leading crypto platforms, including popular wallets and exchanges, with a combined audience exceeding 100 million active users. The company reports that about 20 million crypto addresses conduct stablecoin transactions monthly, and the total number of stablecoin holders reached 120 million.
Scott Abrahams, Executive Vice President of Global Partnerships at Mastercard, said the collaboration ushers in a new era for integrating digital assets into traditional payment systems. “We’re building innovative and secure connectivity between crypto and mainstream finance ecosystems, grounded by trust and driven by scale,” he stated.
This partnership advances Mastercard’s initiative to globally expand financial solutions based on stablecoins, broadening the use of digital assets as a payment method for both users and businesses.
