24.06.2025 15:36

Mastercard and Chainlink have forged a groundbreaking partnership, granting over three billion Mastercard cardholders direct access to on-chain cryptocurrency purchases. This collaboration seamlessly integrates traditional finance with decentralized finance (DeFi), eliminating the need for centralized exchanges and significantly simplifying the process of converting fiat currency to digital assets.

The innovative solution leverages Chainlink's robust and secure data infrastructure to verify and synchronize crucial information between systems. This ensures transparency and reliability throughout the transaction process. Mastercard's extensive global payment network then facilitates the seamless conversion of fiat currency from cardholders' accounts. The partnership represents a major step towards bridging the gap between traditional and decentralized financial systems.

Facilitating this direct on-chain crypto access is Swapper Finance, a decentralized application (dApp) built on Chainlink's infrastructure and serving as the user interface. Swapper Finance utilizes XSwap, a decentralized exchange within the Chainlink ecosystem, for cryptocurrency trades, sourcing liquidity directly from established protocols like Uniswap. This ensures efficient and secure execution of on-chain swaps.

The secure and compliant infrastructure is further enhanced by the integration of Shift4 Payments for streamlined card processing and user onboarding, along with Zerohash, which provides crucial custody, compliance, and regulated fiat-to-crypto conversion services. This comprehensive approach ensures a secure and user-friendly experience for all participants. The launch of Swapper Finance marks a significant advancement in providing convenient and accessible cryptocurrency purchasing options for a global user base.