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.