An important partnership has emerged in the cryptocurrency world between Chainlink and Mastercard, enabling billions of cardholders to access decentralized finance.
New Partnership in the Crypto Industry
Chainlink and Mastercard have announced a partnership that will expand access to decentralized finance. According to Coindesk, this will allow approximately 3 billion cardholders to purchase crypto assets directly on-chain.
Corporate Players in Crypto
This partnership brings together several key players: Shift4, zerohash, XSwap, and Uniswap. Shift4 handles card payment processing, zerohash provides fiat currency storage and crypto liquidity, while XSwap and Uniswap perform final token swaps in decentralized markets.
Sergey Nazarov's Opinion
Chainlink co-founder Sergey Nazarov shared his thoughts on the significance of this partnership: "The agreement helps create a critical connection between the traditional payments world and the more than three billion cardholders in Mastercard’s user base. This is the type of fusion of traditional finance and decentralized finance that Chainlink was built to enable." Nazarov also expressed his excitement about Chainlink’s ability to bring this critical connection to modern decentralized exchange trading environments.
The partnership between Chainlink and Mastercard signifies new possibilities for wide access to decentralized finance for a large audience, which could significantly change the cryptocurrency market.
