TechFlow News, May 29: According to Finance Feeds, Mastercard has partnered with Chainlink to establish a fiat-to-crypto asset gateway for its global users, enabling them to purchase digital assets directly via bank cards within on-chain smart contracts—bypassing centralized exchanges.
Shift4 Payments handles the card transactions; Zero Hash manages compliance, clearing, and fiat-to-crypto settlement; Chainlink provides data verification and interoperability infrastructure; and Swapper Finance connects, via XSwap, to decentralized exchange liquidity—including Uniswap. The report states that this collaboration aims to bridge traditional payment networks with on-chain infrastructure.
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