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Mastercard and Chainlink enable direct fiat-to-crypto onchain payments without centralized exchanges.

Market News
29 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Mastercard has partnered with Chainlink to create a payment system allowing users to convert fiat currency directly into cryptocurrency onchain, bypassing centralized exchanges. This integration combines card authorization, compliance, and decentralized exchange liquidity into a seamless transaction flow, potentially setting a new standard for compliant onchain payments. The system involves multiple partners for transaction processing, compliance, custody, and liquidity sourcing, aiming to improve user experience and regulatory adherence in crypto payments. This move reflects growing efforts to merge traditional finance infrastructure with decentralized finance, amid ongoing market volatility and regulatory developments in the U.S.

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