TLDR Crypto · INNOVATION & LAUNCHES

CHAINLINK, MASTERCARD LETTING 3B CARDHOLDERS BUY CRYPTO ONCHAIN

coindesk.com7 min read

Summary from the TLDR Crypto newsletter

Chainlink and Mastercard have partnered to enable over 3 billion Mastercard holders to purchase cryptocurrencies directly onchain through an integrated system involving Shift4 for payment processing, zerohash for custody, and XSwap/Uniswap for decentralized token swaps. Chainlink's interoperability protocol facilitates the data exchange between traditional card networks and multiple blockchains, creating a bridge between off-chain and on-chain transactions. This partnership continues Mastercard's expansion into cryptocurrency infrastructure, following recent collaborations with MoonPay for stablecoin payments and Kraken for crypto debit cards.