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Stock impact report

MoonPay Mastercard Launch Crypto Card, Allowing Users to Make Merchant Payments With Stablecoins [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The integration means that users of “every crypto wallet” will be able to access virtual Mastercards that draw directly from their stablecoin balances. The cards can be used at any merchant in Mastercard's network. The rollout comes amid a broader trend. Mastercard has last month unveiled end-to-end stablecoin capabilities as it moves deeper into the cryptocurrency economy, and partnered with OKX to launch a debit card with the exchange. Similarly, crypto exchange Kraken teamed up with Mastercard to let its users in the UK and Europe spend their cryptocurrency at any merchant in the payments giant's network. Earlier this year, Mastercard also began supporting tokenized real-world assets (RWAs) on its network through a partnership with Ondo Finance, which offers tokenized U.S. Treasury bills. UPDATE (May 15, 14:00 UTC) : updates headline. Show less Read more
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