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Home»Analysis»MasterCard announces a partnership with Kraken to make crypto payments in Europe possible
Analysis

MasterCard announces a partnership with Kraken to make crypto payments in Europe possible

2025-04-11No Comments2 Mins Read
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Crypto Exchange Kraken and the Goal Financial Services Giant Mastercard, based in the US, are joining forces to stimulate the widespread use of crypto payment services in the UK and Europe.

In a new press release, Kraken says the partnership Will enable millions of customers in the region to use their crypto assets in paying goods and services with more than 150 million traders worldwide that MasterCard accept.

Says Kraken Co-CEO David Ripley,

“Our customers want to be able to easily pay for real goods and services with their cryptocurrencies or stablecoins. Our collaboration with MasterCard is an important step in realizing this vision. Together we will reveal the full potential of crypto-assets in the long term, so that their relevance and usability are guaranteed in the long term.”

Kraken and Mastercard work together to accelerate crypto payments after the success of Kraken Pay, a new function on the Kraken -with which users can send immediate and boundless payments in more than 300 cryptocurrencies and Fiat -Malutas.

Ninety days after the position was launched, more than 200,000 customers activated their cracks – the unique identification used for sending and receiving funds via Kraken Pay.

The exchange will launch physical and digital debit cards as part of the collaboration in the coming weeks. Customers who want to benefit from the new crypto payment offer can register for the waiting list.

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