Big news in the crypto world! Mastercard and Chainlink have joined forces to make it easier for 3 billion Mastercard cardholders to buy crypto directly — without needing a centralized exchange. This new move could help a lot more people start using crypto, especially those who aren’t familiar with Web3.
🧩 How It Works
This system connects Mastercard’s payment network to on-chain smart contracts, thanks to Chainlink. Here’s a simple breakdown of who does what:
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Chainlink: Connects Mastercard’s system to the blockchain — the “bridge” between traditional payments and Web3.
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Shift4 Payments: Handles the Mastercard card payments.
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ZeroHash: Makes sure the fiat-to-crypto swap is done legally and securely.
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Swapper Finance (through xSwap): Where users actually convert their money into crypto — using liquidity from decentralized exchanges like Uniswap.
So, in short:
You swipe your Mastercard → Payment goes through Shift4 → Crypto is bought via ZeroHash and xSwap → It all happens on-chain!
🔗 What the Leaders Are Saying
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Sergey Nazarov, co-founder of Chainlink, said he’s excited that Chainlink can help connect Mastercard's massive user base to the blockchain world.
“It’s been a complex but amazing collaboration,” he added.
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Raj Dhamodharan, Mastercard’s blockchain VP, said the company wants to meet rising demand for easier crypto access by connecting its traditional system with blockchain tools.
🌍 Mastercard’s Crypto Journey
This isn’t Mastercard’s first time in crypto:
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In 2023, they worked with Bit2Me to launch a debit card for spending crypto at 90 million stores.
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They’ve also teamed up with Fasset to help people in Indonesia get better access to crypto.
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More recently, they joined with Ripple to explore central bank digital currencies (CBDCs).
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And last month, they partnered with MoonPay to allow stablecoin off-ramp payments for 150 million businesses.
✅ Why This Matters
This is a big step for mass adoption. With Mastercard and Chainlink working together, millions of people might now find it easier and safer to get started in crypto — no exchange accounts needed.
Disclaimer: This article is only for
information and not financial advice. The opinions shared here may be the
writer’s personal views. Please do your own research before making any
investment choices. We are not responsible for any money you may lose.
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