05/19/2025
TRADITIONAL FINANCE IS MERGING WITH BLOCKCHAIN: HERE'S WHAT YOU NEED TO KNOW 👇
On May 15, 2025, MoonPay and Mastercard announced a major leap forward for crypto payments, enabling USDC transactions to settle in real time on Solana and Ethereum.
In this week’s edition of Virtual Pay News Room, we break down how this collaboration brings stablecoins into the heart of global commerce.
Here’s what you need know:
- USDC will be accepted at 150 M+ Mastercard merchants globally
- MoonPay’s backend runs on its acquisition of Iron
- Mastercard will verify wallets using its Crypto Credential framework
- Use cases include P2P transfers, digital commerce, and B2B payments
- All transactions will be settled directly on-chain
- The partnership aims to expand financial access in underserved markets
- Stablecoins processed over $35T last year, surpassing Visa
- This is part of Mastercard’s broader Web3 and digital asset strategy
Follow Virtual Pay News Room each week for essential insights at the intersection of crypto, payments, and fintech innovation.