Chainlink has announced a partnership with Mastercard that will allow over 3 billion credit card users to buy cryptocurrency directly on the blockchain. This collaboration aims to simplify access to cryptocurrency for everyday users, especially those new to Web3.
The Partnership Between Chainlink and Mastercard
Chainlink has joined forces with payment giant Mastercard to enable credit card users to purchase cryptocurrency directly on the blockchain. This partnership could significantly simplify the entry into the world of digital assets. Representatives from Chainlink have stated that this collaboration reflects Mastercard's growing interest in crypto technologies, especially in light of the company's recent initiatives.
Integration with Web3 Partners and Swapper Finance App
As part of the new initiative, Chainlink is working with a variety of Web3 partners, including Shift4 Payments, Swapper Finance, XSwap, and ZeroHash. ZeroHash will manage the on-chain service and provide liquidity, allowing users to conveniently and safely exchange fiat for crypto. The Swapper Finance app features a non-custodial structure and utilizes account abstraction, giving users more control while simplifying the experience. Sergey Nazarov, co-founder of Chainlink, stated, 'This is the type of traditional finance and decentralized finance convergence that Chainlink was built to make possible.'
Future of Crypto Payments and Competition with Visa
With the increasing interest in cryptocurrency, Mastercard is actively developing its initiatives in this area. Earlier this year, the company partnered with Kraken to issue crypto debit cards in the UK and Europe, as well as with MetaMask to launch a self-custody card. In February 2025, Mastercard announced that 30 percent of its transactions were tokenized. Meanwhile, Visa is also entering the crypto space, striving to compete with Mastercard’s initiatives.
The partnership between Chainlink and Mastercard could be a significant step towards global cryptocurrency adoption, making the purchase of digital assets more accessible to the general public.
