Chainlink and Mastercard have announced a partnership that allows over 3 billion Mastercard users to make cryptocurrency purchases directly.
Collaboration Between Chainlink and Mastercard
The companies stated that this collaboration is a key step toward advancing decentralized finance adoption, providing users with secure fiat-to-crypto conversions.
Support from Other Companies
This multilayered collaboration involves other major players such as ZeroHash, which provides access to on-chain infrastructure and liquidity. Integrations with companies like Shift4 Payments and Swapper Finance also create additional opportunities for users.
Future of Digital Assets
According to Raj Dhamodharan, this partnership with Chainlink aims to accelerate the adoption of digital assets in on-chain commerce. Chainlink has multiple partnerships with major institutions like Swift and Fidelity International.
The partnership between Chainlink and Mastercard reflects the growing interest in integrating traditional and decentralized finance, potentially leading to further development of blockchain-based commerce.
