In brief
- Mastercard is partnering with payments processor Nuvei and crypto exchange OKX with its latest digital asset ambitions.
- The move will allow individuals to spend stablecoins as point of sales.
- Stablecoins are considered to be the backbone of the crypto ecosystem.
Mastercard will enable clients to execute transactions in stablecoins, its latest initiative in an expanding effort to offer crypto-related services, the payments giant announced Monday.
New York-based Mastercard said that it had teamed up with crypto exchange OKX and payments processor Nuvei to create an end-to-end ecosystem, where clients can spend crypto via their cards and merchants can accept it.
OKX and Mastercard will release a new card allowing stablecoin holders…
Apr 29 2025
