Mastercard + Chainlink: Buy Crypto On-Chain Now

Mastercard + Chainlink: Buy Crypto On-Chain Now

Reporting from Crypto Desk, I've learned Mastercard and Chainlink just made a big move. They teamed up to let you buy crypto directly on blockchains using your payment card. This could change how everyday people get into crypto.

Mastercard + Chainlink Buy Crypto On-Chain Now

How This Works for You

I've covered crypto payments for 3 years. This new system is different from old crypto cards. Before, cards only let you spend crypto like cash. Now, Mastercard's 3 billion users can:

Mastercard's blockchain boss Raj Dhamodharan says: "We're unlocking a secure way to revolutionize onchain commerce." Chainlink co-founder Sergey Nazarov calls it a "complex collaboration."

UNIUSD: Mastercard + Chainlink

Big Partners Join Forces

Four companies make this possible:

CompanyRole
ZerohashHandles compliance & security
Swapper FinanceConnects to decentralized exchanges
Shift4 PaymentsProcesses card payments
UniswapProvides trading liquidity

Institutions Get DeFi Access

In related news, Anchorage Digital added Uniswap to its Porto wallet. This means:

  • Banks and hedge funds can now use DeFi safely.
  • Companies like Maple Finance and dYdX already use it.
  • Swaps happen at "crypto-native speed" per Anchorage CEO Nathan McCauley.

Uniswap currently holds $4.57 billion in crypto assets. While DeFi's total value dipped to $106 billion from $137 billion last year, this institutional move could bring more money into crypto.

Why This Matters

These changes matter because:

  1. Mainstream users get easier crypto access
  2. Institutions can safely use DeFi tools
  3. Uniswap grows as key infrastructure

Today at 10:30 UTC, Uniswap hosts "Inside v4" event in New York. They'll discuss technical upgrades for their protocol.

Note: UNI token trades at $6.90 during this news.

Photo of Nisha

A crypto researcher passionate about digital finance, simplifies blockchain and DeFi trends into clear insights, empowering investors with smart strategies.

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