Mastercard Partners with Chainlink for Direct Fiat-to-Crypto Gateway

Mastercard has partnered with decentralized oracle protocol Chainlink to establish a direct fiat-to-crypto gateway for its global users. According to ChainCatcher, this collaboration allows Mastercard cardholders to bypass centralized exchanges and directly acquire digital assets through on-chain smart contracts. The initial card transaction layer is managed by Shift4 Payments, while Zero Hash handles compliance tracking, custody routing, and instant fiat-to-crypto settlement. The funds are then pushed to a public distributed ledger via Chainlink's infrastructure and connected to the Swapper Finance platform, which uses XSwap to source liquidity from decentralized exchanges like Uniswap. This integration compresses card processing, regulatory review, cross-chain messaging, and AMM Swap into a single seamless transaction.