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Mastercard Cuts Through Crypto Clutter—Launches Stablecoin Card With OKX

Mastercard Cuts Through Crypto Clutter—Launches Stablecoin Card With OKX

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-04-28 16:00:16
0

Mastercard Unveils End-to-End Stablecoin Capabilities, Will Launch Card With OKX

Mastercard just bulldozed another barrier between crypto and mainstream finance—rolling out full stablecoin settlement paired with a shiny new OKX co-branded card. Because nothing says ’adoption’ like letting degens swipe their Tether at Whole Foods.

The payments giant now handles the entire stablecoin stack: issuing, settling, converting to fiat. No more hopping between three intermediaries just to buy coffee. TradFi infrastructure meets crypto’s wild west—with all the compliance paperwork you’d expect from a 58-year-old financial dinosaur.

One cynical take? After watching Visa’s crypto volley score partnerships with 65+ exchanges, Mastercard finally decided to stop sitting on its legacy rails. The race to tokenize everything just got a turbo boost—whether regulators are ready or not.

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