Mastercard and Chainlink Partner to Enable 3 Billion Cardholders to Buy Crypto On-Chain
Mastercard and Chainlink have announced a partnership that will enable more than three billion Mastercard holders to purchase cryptocurrencies directly on-chain. The service integrates several players into a single flow, allowing card payments to be processed by Shift4, fiat currency to be custodies by zerohash, and the final token swap to be executed by XSwap and Uniswap on decentralized markets.
Chainlink's interoperability protocol is used to pass transaction data between the card network and multiple blockchains. Raj Dhamodharan, who leads blockchain efforts at Mastercard, said the firm wants to "bridge the gap between on-chain commerce and off-chain transactions."
The deal helps enable a "critical connection between the traditional payments world and the over three billion cardholders in the Mastercard user base," according to Chainlink co-founder Sergey Nazarov. Mastercard has been slowly moving deeper into the cryptocurrency space, having partnered with MoonPay last month to let users spend stablecoins at more than 150 million merchants worldwide, and with Kraken in April to introduce cryptocurrency debit cards.
The integration of Chainlink's services with Mastercard's network will provide a seamless and secure way for millions of users to access and use cryptocurrencies in their daily lives. This partnership is a significant step forward in the adoption of cryptocurrencies and blockchain technology in the global payments industry.
This strategic partnership between Mastercard and Chainlink opens up new avenues for the adoption of cryptocurrency, as 3 billion cardholders stand to gain seamless access amid a thriving digital assets landscape.
This collaboration between Mastercard and Chainlink promises to democratize cryptocurrency access for 3 billion cardholders, paving the way towards a more seamless integration of traditional finance with blockchain technology.
Mastercard's collaboration with Chainlink signifies a major leap for mainstream adoption of cryptocurrency as it offers 3 billion cardholders the capability to buy crypto directly on-chain, transforming how we interact and access digital assets worldwide.
Interesting collaboration between Mastercard and Chainlink that promises to empower 3 billion cardholders with the ability of buying crypto on-chain, paving a new frontier for seamless financial transactions. Very groundbreaking move in mainstream adoption!
Through the innovative partnership between Mastercard and Chainlink, 3 billion cardholders will soon be able to embrace cryptocurrency transactions on a secure decentralized platform. This is another milestone in bridging traditional finance with blockchain technology.
The collaboration between Mastercard and Chainlink marks a historic step in democratizing cryptocurrency access, empowering 3 billion cardholders worldwide to buy crypto on-chain with ease.
This partnership between Mastercard and Chainlink marks a significant leap towards mainstream adoption of cryptocurrency by enabling the 3 billion cardholders to seamlessly purchase digital assets on-chain, paving new avenues for financial inclusion in crypto markets.
This collaboration between Mastercard and Chainlink signals a significant milestone in the integration of crypto into traditional financial systems, empowering 3 billion cardholders worldwide to effortlessly enter digital asset ownership.
This partnership between Mastercard and Chainlink is a pivotal move towards mainstream adoption of cryptocurrencies, empowering 3 billion cardholders to seamlessly buy digital assets directly on-chain.
