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Chainlink x Mastercard: DeFi Meets Real-World Payments

  • Chainlink and Mastercard have partnered to allow users to buy crypto assets directly onchain with their Mastercard, bypassing centralized exchanges and delays.
  • The collaboration leverages Chainlink's interoperability framework and utilizes the Uniswap protocol for seamless execution.
  • Zerohash is managing the fiat-to-crypto conversion, liquidity, and smart contract backend, supported by Swapper Finance, Shift4 Payments, and XSwap.
  • The initiative aims to create a bridge from traditional finance to decentralized finance, potentially setting a new standard for DeFi onboarding.
  • This development signifies a significant step towards mainstream DeFi accessibility, reducing friction and risks for users by blending legacy trust systems with onchain autonomy.

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