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Chainlink Partners With Mastercard to Bring Crypto Access to Cardholders

  • Chainlink and Mastercard have partnered to enable secure fiat-to-crypto conversions, bridging traditional and decentralized finance.
  • The collaboration involves support from zerohash for liquidity and compliance, along with Swapper Finance, XSwap, and Shift4 Payments for app experience and Uniswap protocol integration.
  • Sergey Nazarov, Chainlink's Co-Founder, highlighted how the integration connects Mastercard's three billion cardholders to decentralized exchanges.
  • Mastercard's Executive Vice President of Blockchain & Digital Assets, Raj Dhamodharan, emphasized the rising demand for digital asset access.
  • The collaboration leverages zerohash for compliance, custody, and conversion, Shift4 for card processing, XSwap for liquidity, and Swapper Finance for the user interface.
  • The partnership aims to drive mainstream adoption of crypto assets by simplifying interactions with decentralized finance apps.
  • Chainlink facilitates secure and direct access for cardholders to decentralized finance apps, improving onchain commerce.

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