#binance #hype #zec #near
27/05/26 05:45 UTC-04

Chainlink and Mastercard Launch a Service for Buying Crypto Assets with Fiat

  • Chainlink announced a partnership with Mastercard.
  • The solution will allow cardholders to buy crypto assets directly on-chain.
  • zerohash, Shift4 Payments, Swapper Finance, XSwap, and the Uniswap protocol are also participating in the launch.
  • The companies said the service is intended to simplify access to the on-chain economy for mainstream users.

Chainlink announced a partnership with Mastercard. It will allow payment cardholders around the world to buy crypto assets directly on-chain by converting fiat funds into cryptocurrencies.

According to the company’s statement, the solution combines Chainlink’s infrastructure with Mastercard’s global payment network. It is designed to remove some of the barriers that have prevented mainstream users from accessing on-chain services, the statement said.

In addition, the press release states that zerohash provides the service and liquidity for converting fiat into crypto assets. Shift4 Payments is responsible for processing card payments. Swapper Finance and XSwap provide integration support for the application that uses the Uniswap protocol.

“Chainlink was built for exactly this type of combination of traditional finance and decentralized finance. I am excited that Chainlink can provide this critical connection between the world of traditional payments and more than three billion Mastercard cardholders, connecting them directly to next-generation trading environments — on-chain decentralized exchanges,” said Chainlink co-founder Sergey Nazarov.

He also noted that the Mastercard team worked closely with Chainlink, Swapper Finance, XSwap, Shift4, and zerohash on implementing the solution.

Raj Dhamodharan, executive vice president for blockchain and digital assets at Mastercard, said that users want simple access to the digital asset ecosystem.

Chainlink explained that Swapper Finance uses XSwap, a decentralized exchange built within the Chainlink ecosystem. The platform applies the Chainlink standard for data and interoperability through the integration between zerohash and Shift4 Payments.

In addition, zerohash provides infrastructure for regulatory compliance, custodial storage, and transaction execution. This makes it possible to convert fiat into crypto assets for further use in smart contracts.

Chainlink stated that combining the technologies of zerohash, Shift4 Payments, Swapper Finance, and XSwap with the Chainlink standard and the Mastercard network opens access to on-chain transactions for a wider audience of payment cardholders.

As a reminder, Chainlink previously outlined the ultimate goal of integrating global finance on-chain.

See also: "Mastercard Receives BitLicense in New York"

#Mastercard #Chainlink

Editor: Alyona Nabok
Comments

Similar

27/05/26 09:30 UTC-04

Mastercard Receives BitLicense in New York

The world’s largest payment companies continue to actively enter the crypto industry. This time, Mastercard has taken an important step — the company has officially received a BitLicense in the state of New York. For the crypto market, this event is much more important than it may seem at first glance.

23/04/26 04:56 UTC-04

2 AI cryptocurrencies to add to your watchlist right now

Both Bittensor and Chainlink could benefit significantly from the expansion of AI usage. Bittensor aims to become a marketplace for purchasing AI training services and related offerings, while Chainlink is primarily positioned as a provider of real-time market data via blockchain.

26/03/26 17:06 UTC-04

4 positive factors supporting Chainlink recovery in April

After six months of continuous decline, a green candle has finally appeared on the chart. However, $LINK is still trading below $10. Many market participants view the current sideways movement as a good opportunity to accumulate positions.