Chainlink Partners Mastercard for Crypto Access to 3 Billion Cardholders

Chainlink has partnered with Mastercard to bring crypto access to cardholders, bridging traditional finance with decentralized finance through secure fiat-to-crypto conversions. This integration leverages Chainlink’s interoperability infrastructure and Mastercard’s trusted payments network, enabling seamless transactions between fiat currencies and cryptocurrencies.

The collaboration includes support from zerohash, which provides the liquidity and compliance infrastructure necessary for converting fiat into crypto. Additionally, Swapper Finance, XSwap, and Shift4 Payments are part of the ecosystem powering this next-generation app experience. The integration taps into the Uniswap protocol for decentralized liquidity, ensuring a robust and efficient conversion process.

Sergey Nazarov, Co-Founder of Chainlink, highlighted the significance of this partnership, stating, “This is the type of TradFi-DeFi convergence Chainlink was built for.” He emphasized the ability to connect Mastercard’s over three billion cardholders to decentralized exchanges and onchain trading environments. Nazarov praised the complexity and coordination of the integration, crediting the Chainlink community and partner teams for their efforts.

Mastercard also underscored the increasing demand for seamless digital asset access. Raj Dhamodharan, Executive Vice President of Blockchain & Digital Assets at Mastercard, said, “People want to connect to the digital assets ecosystem. By joining forces with Chainlink, we’re unlocking secure and innovative ways to drive mainstream adoption of crypto assets.”

The integrated solution features zerohash as the backbone for compliance, custody, and conversion. Shift4 handles card processing, while XSwap sources liquidity across decentralized exchanges using Chainlink’s standards. Swapper Finance provides the user interface that ties these elements together into an intuitive, regulated product.

By combining the capabilities of Chainlink, Mastercard, zerohash, and supporting platforms, the partnership removes long-standing barriers to crypto adoption. It allows cardholders to interact with decentralized finance apps securely and directly, marking a milestone in onchain commerce. This collaboration is expected to drive mainstream adoption of crypto assets by providing a seamless and secure way for cardholders to access the digital assets ecosystem.