MoonPay introduces a Mastercard crypto card that lets users spend stablecoins at merchants.

MoonPay has joined forces with Mastercard to empower crypto users to make purchases with stablecoins at more than 150 million merchants worldwide.

Through this partnership, any crypto wallet can now issue a virtual Mastercard that accesses the user’s stablecoin balance directly, allowing seamless payments wherever Mastercard is accepted.

This launch is part of Mastercard’s ongoing expansion into the crypto space. Just last month, Mastercard unveiled full stablecoin capabilities and collaborated with OKX to introduce a debit card integrated with its network.

Likewise, Kraken partnered with Mastercard earlier this year to allow users in the UK and Europe to spend cryptocurrencies at any Mastercard-supported merchant.

Mastercard has also broadened its crypto offerings by supporting tokenized real-world assets (RWAs) via a collaboration with Ondo Finance, which provides tokenized U.S. Treasury bills.

By combining MoonPay’s crypto expertise with Mastercard’s global payment network, this initiative aims to make stablecoin usage more practical and accessible for everyday consumer transactions.