Mastercard and Chainlink have announced a significant partnership aimed at facilitating cryptocurrency purchases for more than 3 billion users worldwide. This initiative is designed to bridge traditional payment systems with decentralized finance.
Partnership Overview
This collaboration will enable Mastercard users to directly acquire cryptocurrency through blockchains, eliminating the need for intermediaries. The partnership was announced on June 24, 2025, with the goal of simplifying access to digital assets.
Technical Integration Details
The integration combines Mastercard's extensive payment network with Chainlink's interoperability infrastructure, ensuring smooth fiat-to-crypto conversions, involving key players in card processing, regulatory compliance, and decentralized exchanges.
Outlook and Comments
Raj Dhamodharan, Mastercard's Executive Vice President for Blockchain, emphasized the company's aim to bridge on-chain commerce with off-chain transactions, reflecting the growing demand for easy access to digital assets. Sergey Nazarov, co-founder of Chainlink, described the project as a vital step toward merging traditional and decentralized finance, allowing Mastercard users to engage with new trading platforms.
This partnership signifies an important advancement in integrating traditional payment infrastructures with decentralized blockchain technology, opening up new opportunities for users and promoting broader cryptocurrency adoption.
