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0.000396012328035787 0.00110194734757827 0.00218667676785065 0.00173040169424384 0.00146352382100227 0.00238468293186865 0.00187675407634415 0.00375350815268849
Stock impact report

Mastercard joins forces with MoonPay on stablecoin payments [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This move aims to enable users to spend their digital currency at over 150 million locations globally where Mastercard is accepted. The partnership utilises Iron's API-driven stablecoin infrastructure, which MoonPay acquired in March, to facilitate payments for businesses and convert crypto wallets into digital bank accounts for cross-border money transfers. Additionally, it will enable businesses to offer stablecoin-based payments to gig workers, contractors, and creators. By combining Mastercard's international payments network with MoonPay's crypto economy connections, the alliance seeks to deliver payment solutions to both merchants and consumers. MoonPay has integrations over 500 crypto platforms and anticipates the combined reach extends to over 100 million active crypto users. Mastercard global partnerships executive vice president Scott Abrahams said: “By providing solutions that unlock stablecoin utility and ubiquity, we are redefining how money moves globally and Show less Read more
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