Chainlink Partners with Mastercard to Support 3 Billion Users to Purchase Cryptocurrency on-chain

Odaily Planet Daily News Chainlink and Mastercard have reached a cooperation, allowing more than 3 billion Mastercard cardholders to purchase cryptocurrencies directly through on-chain services. The integration is supported by the Chainlink cross-chain protocol, and is jointly realized by zerohash, Swapper Finance, Shift4 Payments, XSwap and Uniswap, connecting the traditional payment world with decentralized finance (DeFi). The service relies on Chainlink's secure interoperability infrastructure and Mastercard's global payment network. Users can pay with bank cards and fiat currencies, and finally complete the exchange of crypto assets on the chain. Zerohash provides compliant liquidity and custody support, Shift4 processes bank card payments, XSwap searches and accesses DEX liquidity such as Uniswap, and Swapper Finance integrates resources from all parties to build a unified and convenient user experience. Chainlink co-founder Sergey Nazarov said that this cooperation marks an important step in the integration of traditional finance and DeFi. Mastercard also stated that it will continue to explore safe and compliant on-chain payment methods to promote the wider application of crypto assets around the world. Swapper Finance, a Chainlink-powered platform, is now live. (CoinDesk)