MoonPay and Mastercard Partner to Enable Stablecoin Payments Across Globe

By: cryptonews|2025/05/16 07:30:07
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MoonPay, a popular fintech platform to buy, swap, and sell currencies, has recently commenced an exclusive partnership with Mastercard, a giant in the world of payments. The collaboration intends to redefine the use of stablecoins for payments at more than 150M merchants across the globe. The platform took to social media to provide the details of its latest collaboration. BREAKING NEWS MoonPay and @Mastercard have joined forces to enable stablecoin payments and spending at 150 million global businesses! with this partnership, every crypto wallet will also have access to new stablecoin-powered virtual Mastercards pic.twitter.com/nklJySCntP MoonPay and Mastercard Partner to Enable Worldwide Payments with Stablecoins As included in MoonPay’s partnership with Mastercard, the users around the world will be able to make payments in stablecoins. Particularly, it will enable them to use their crypto via stablecoin-backed virtual Mastercards. These unique virtual cards can be utilized via participating crypto wallets. Hence, they provide numerous consumers with a seamless way to transfer funds with stablecoins without converting into fiat. MoonPay has become renowned player in the sector of cryptocurrency payments infrastructure. By integrating Mastercard’s robust payment ecosystem with stablecoins, this development is anticipated to substantially increase the real-world crypto utility. Apart from that, it also endeavors to bring the DeFi and traditional finance closer together. Commencing Global Commerce Era Led by Blockchain Technology As per MoonPay, the collaboration with Mastercard has been carried out while keeping in view its growing involvement with digital currencies. Additionally, its wider reach across the globe will also play a crucial role in the wide-scale adoption of the latest initiative. Moreover, this partnership could pave the way for an exclusive epoch of worldwide commerce driven by blockchain technology.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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