According to a report by Decrypt on May 15, Deep Tide TechFlow announced that Mastercard has partnered with cryptocurrency payment company MoonPay to launch a global stablecoin payment card service. This service will rely on the infrastructure of the stablecoin payment company Iron, which MoonPay acquired in March this year, enabling users to make stablecoin payments at over 150 million merchants worldwide, with transactions automatically converted to fiat.