Mastercard collaborates with Chainlink for innovative solutions.

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Chainlink has teamed up with Mastercard to enable global payment cardholders to purchase crypto assets directly on-chain via a fiat-to-crypto conversion. This collaboration leverages Chainlink’s secure interoperability infrastructure and Mastercard’s extensive global payments network, breaking down barriers that have historically prevented users from accessing the on-chain economy.

On-Chain Crypto Purchase Service

zerohash will offer the on-chain service for converting fiat to cryptocurrency using smart contracts. Its robust crypto and stablecoin infrastructure supports compliant swaps, allowing users a seamless way to access decentralized exchanges through straightforward onboarding procedures. In addition, Shift4 Payments, Swapper Finance, and XSwap will provide further support, enhancing the overall user experience by utilizing the Uniswap protocol.

Connecting Traditional and Decentralized Finances

Chainlink was designed to bridge traditional finance with decentralized finance (DeFi), connecting Mastercard’s vast user base and traditional payment systems to next-generation trading environments on-chain. Mastercard recognizes the growing demand for connectivity to the digital asset ecosystem and is leveraging its global network to unify both on-chain commerce and off-chain transactions.

Secure and Innovative Solutions

This partnership aims to unlock secure, innovative solutions that enhance on-chain commerce and promote broader crypto adoption. By combining zerohash, Shift4 Payments, Swapper Finance, XSwap technologies with Chainlink’s standards and Mastercard’s global payment network, the initiative makes previously hard-to-access value available for executing transactions on-chain.

Uniswap Labs highlights that its protocol enables developers to create new tools for a broader audience. Swapper Finance utilizes this protocol, providing essential infrastructure within the financial stack.

As crypto adoption grows, partnerships like that between Mastercard and Chainlink are driving user-centric solutions that integrate crypto-native technologies with real-world usability.

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