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MoonPay Mastercard Launch Crypto Card, Allowing Users to Make Merchant Payments With Stablecoins

The partnership is set to allow crypto wallets to issue virtual Mastercards, expanding access to real-world stablecoin payments

By Francisco Rodrigues|Edited by Parikshit Mishra
Updated May 15, 2025, 1:38 p.m. Published May 15, 2025, 1:00 p.m. 1 min read
Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)
(CardMapr.nl/Unsplash)

What to know:

  • MoonPay and Mastercard will enable stablecoin payments across 150 million global businesses.
  • Crypto wallets will gain access to virtual Mastercards for spending digital dollars
  • The move builds on Mastercard’s push to streamline digital asset transactions.

MoonPay has partnered with Mastercard to let users spend stablecoins at more than 150 million merchants worldwide, the company announced on Thursday.

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.

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XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May

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From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.

知っておくべきこと:

  • U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
  • Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
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