Mastercard and Chainlink collaborate to establish a direct channel from fiat to cryptocurrencies

FinanceFeeds reports that payments giant Mastercard has partnered with decentralized oracle protocol Chainlink to build a direct fiat to cryptocurrency gateway for its global users. The partnership allows MasterCard cardholders to bypass centralized exchanges and access digital assets directly in on-chain smart contracts. Shift4Payments handles the initial card transaction layer, ZeroHash handles compliance tracking, escrow routing and instant fiat to cryptocurrency settlement, and ultimately funds are pushed through Chainlink's infrastructure to public distributed ledgers and access SwapperFinance, which uses XSwap to obtain liquidity from decentralized exchanges such as Uniswap. This integration compresses card processing, regulatory review, cross-chain messaging and AMMSwap into a single continuous transaction.