EddieJayonCrypto
24 Jun 25
Chainlink has partnered with Mastercard to enable over 3 billion Mastercard cardholders to buy digital assets directly on-chain using fiat currency. The collaboration uses Chainlink’s interoperability technology and Mastercard’s payment network to create a seamless bridge between traditional finance...
Chainlink has partnered with Mastercard to allow over 3 billion Mastercard cardholders to buy digital assets directly on-chain using fiat currency. This collaboration leverages Chainlink's interoperability technology alongside Mastercard's global payments network to bridge traditional finance and blockchain seamlessly.
The initiative integrates several key partners: Zerohash facilitates fiat-to-crypto conversion with compliance and liquidity provisions; Shift4 Payments manages card processing; Swapper Finance provides the user-friendly interface; and XSwap, a decentralized exchange utilizing Chainlink’s standards, sources liquidity from protocols like Uniswap to complete on-chain swaps.
This partnership aims to simplify crypto access for mainstream users by eliminating barriers between fiat payments and crypto markets, advancing the integration of decentralized finance (DeFi) with real-world financial systems. Following the announcement, Chainlink’s native token LINK experienced a significant surge of approximately 14%, reaching $13.37.
Mastercard’s executive vice president for Blockchain and Digital Assets, Raj Dhamodharan, emphasized the importance of connecting traditional payment methods with the digital asset ecosystem to facilitate ease of use globally. Chainlink co-founder Sergey Nazarov described this multi-layered collaboration as a critical step toward closer DeFi adoption by mainstream users, aligning with Chainlink's mission to converge traditional finance with decentralized systems.