MoonPay and Mastercard Partner to Launch Stablecoin Payments for Mainstream Usage AllinCrypto May 16, 2025
MoonPay has partnered with Mastercard to bring stablecoin payments to over 150 million businesses around the world.
The partnership will allow businesses to be paid in crypto and receive crypto using regulated stablecoins such as USDC.
Mastercard-branded cards can be linked to users’ crypto balances and used like regular debit cards, with payments being done in stablecoins and transferred automatically into fiat if need be.
MoonPay x Mastercard to bring stablecoin payments to everyday finance
The new partnership will allow all Mastercard locations to accept stablecoins from users’ web3 wallets, connected to their cards via Moonpay.
According to Moonpay, API-driven stablecoin infrastructure will be used to turn web3 wallets into an eligible payment vehicle for standard retail purchases and more.
The partnership will also allow businesses to accept cryptocurrency payments as part of their connection to Mastercard.
From MoonPay:
This will unlock the ability for businesses, neobanks, and other payment participants to easily manage payouts and disbursements more efficiently, improving cross-border money transfers
At the same time, Algorand’s Pera Payment Card has been launched in beta throughout the UK and selected European countries.
The Pera Payment Card, which also utilizes Mastercard, allows Algorand Pera Wallet users to make USDC payments via their Algorand web3 wallets.
With Pera, users can make everyday payments with their Algorand wallet thanks to Mastercard’s acceptance of crypto adoption.
Mastercard jumps on cryptocurrency train, plans to integrate stablecoins
Earlier this year, Mastercard announced plans to natively onboard crypto payments, allowing businesses and individuals to pay with regulated stablecoins using Mastercard.
The service would be end-to-end, with stablecoins becoming a legitimate alternative currency under Mastercard’s new rules.
Stablecoin adoption has been boosted throughout 2025 thanks to President Trump’s push for stablecoin adoption in the US.
In May, US senators are due to vote on the STABLE Act and GENIUS Act, bills which would create new regulatory frameworks for stablecoins in the US, making them digital dollars and giving USDC legitimacy as an alternative form of USD payment.
The post MoonPay and Mastercard Partner to Launch Stablecoin Payments for Mainstream Usage first appeared on AllinCrypto.
