3 Billion Mastercard Users Get On-Chain Crypto Access

On June 24, Chainlink and Mastercard announced a partnership enabling approximately 3 billion Mastercard cardholders to purchase crypto assets directly on-chain. According to the official statement, the collaboration is based on Chainlink's secure interoperability infrastructure and Mastercard's global payments network.

Through this agreement, users can perform secure fiat-to-crypto conversions, removing long-standing barriers that have limited access to the on-chain economy. Chainlink will validate and synchronize key transaction data, facilitating direct interaction between cardholders and crypto assets.

This initiative aims to simplify the crypto purchase process and allow traditional users to engage with blockchain ecosystems without relying on centralized exchanges.

The partnership signals an expansion of Web3 solutions into traditional financial systems and could drive increased adoption of digital assets globally. The technology implementation will adhere to the security and compliance standards established by both Mastercard and Chainlink.