Mastercard and Chainlink

Project Announcements
1

Mastercard announced a partnership with Chainlink.
Nice to see a bit of forward motion in the Cryptospace.

A little sad as Litecoin is not the one partnering up with Mastercard. well the @liteconfoundation might has Visa to aim for.

What they’re announcing:

  • Mastercard and Chainlink are teaming up to power Swapper Finance – a new way to buy crypto directly from decentralized exchanges (DEXs) using any Mastercard.
  • Holders of Mastercard’s 3.5 billion cards around the world will now be able to directly purchase crypto on Uniswap, through instant and secure crypto-to-fiat conversion, intrinsically connecting DeFi and the financial mainstream.
  • Swapper is powered by XSwap, the leading DEX built out of the Chainlink ecosystem. Swapper uses the Chainlink standard for data and interoperability, via an integration between zerohash and Shift4 Payments, and is backed by Mastercard’s global payment rails and fraud protection.
  • These partnerships with leading infrastructure providers allow secure tokens to be purchased on DEXs using the next generation app and user interface of Swapper Finance.
  • Mastercard and Chainlink will explore future use cases for on-chain commerce.

Quote:
https://www.mastercard.com/us/en/news-and-trends/press/2025/june/mastercard-chainlink-crypto.html

2 Likes
2

Fees are high, but it is good for ordinary people. Easy to buy and sell.

3

I got some LTC visa cards before they were discontinued, but never actually used it. Such partnerships are helpful to take a currency mainstream and make it easier for regular day to day people, who just want as easier way to pay to access it. I personally will rather be able to transact onchain without the need for a 3rd party, but I will also want to help out adoptions when I can.

One good factor of being a currency that allows quick, safe transactions is you do not have to work out direct partnerships, this collaboration between mastercard and chainlink will still benefit Litecoin and so will similar partnerships.

4

I think the 3rd party solution is doing more damage rather than helping the cause.
Crypto is more about you handling your values,