Mastercard to allow crypto payments in Web3 via USDC settlements
1 min read
A partnership between Web3 payment protocol Immersve and payments giant Mastercard will allow users to make crypto payments on digital, physical and the Metaverse worlds. USD Coin (
Over several years, Mastercard has fostered numerous partnerships to stay relevant in the crypto ecosystem. One such initiative was Mastercard’s partnership with crypto exchange Binance to launch a prepaid card in Latin America.
Olá, Brasil! #Binance Card has just launched in Brazil – another step towards crypto adoption pic.twitter.com/UJRmpMhpbQ
— Binance (@binance) January 30, 2023
The card allows real-time crypto-fiat conversions for 14 tokens in Brazil. At the time of the launch, perks included up to 8% cash back in crypto on eligible purchases and zero fees on some ATM withdrawals.
