Chainlink and Mastercard Team Up to Let Three Billion Cardholders Buy Crypto On-Chain
Following a partnership with Chainlink, Mastercard’s 3 billion cardholders can now purchase cryptocurrencies directly on-chain through fiat-to-crypto conversion.
The latest integration is expected to drive crypto adoption among individuals without prior exposure to Web3, enabling them to acquire digital assets without relying on centralized exchanges.
Web3 Entities Fostering the Integration
According to the announcement, several Web3 partners support the implementation, including XSwap, Shift4 Payments, Swapper Finance, and ZeroHash.
Each partner will play a different role in the integration. Chainlink, the major partner, provides the interoperability layer connecting Mastercard’s off-chain payment network with on-chain smart…