Mastercard to Roll Out New Stablecoin Cards in Latest Crypto Push With MoonPay

By: bitcoin ethereum news|2025/05/16 09:30:06
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In brief MoonPay and Mastercard will enable stablecoin payments across 150 million merchants. The deal follows Mastercard’s recent partnerships with OKX, Nuvei, and Circle. Visa is also piloting stablecoin services in six Latin American countries. Mastercard has inked another partnership with a crypto company to provide stablecoin-powered cards, enabling users and businesses to make and receive payments in stablecoins worldwide. Working with MoonPay, the rollout will rely on infrastructure from Iron, a stablecoin payment firm acquired by MoonPay in March. Transactions will be automatically converted into fiat. Stablecoins have become popular tools in crypto trading and payments for their price stability, as each is pegged to a fiat currency such as the U.S. dollar. But regulatory clarity remains elusive in many jurisdictions. The U.S. Securities and Exchange Commission issued guidance last month indicating some stablecoins aren’t securities, but left questions unanswered about yield-bearing and algorithmic variants. It also dropped an investigation into PayPal’s stablecoin at the end of April. Despite the regulatory fog, card networks are doubling down on stablecoin rails, betting on their utility in remittances, creator economies, and cross-border commerce. The latest announcement adds to Mastercard’s expanding roster of crypto collaborations. In April, the payments giant partnered with crypto exchange OKX and processor Nuvei on a similar project. OKX will launch a new crypto card, while Nuvei, in partnership with stablecoin issuer Circle, will provide merchant infrastructure. Mastercard projects also one-up a recent initiative from its competitor Visa, which on May 1 announced a pilot program allowing customers in six Latin American countries to transact in stablecoins. Visa’s rollout, which covers Argentina, Colombia, Ecuador, Mexico, Peru and Chile, will let users pay with stablecoins from existing balances. It is expected to later expand to Europe, Asia, and Africa. Edited by Sebastian Sinclair Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Source: https://decrypt.co/320171/mastercard-new-stablecoin-cards-moonpay

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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