{"id":10861,"date":"2025-04-09T05:30:39","date_gmt":"2025-04-09T03:30:39","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=10861"},"modified":"2025-04-09T05:30:39","modified_gmt":"2025-04-09T03:30:39","slug":"kraken-teams-up-with-mastercard-to-expand-bitcoin-payment-options-for-150-million-retailers","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/09\/kraken-teams-up-with-mastercard-to-expand-bitcoin-payment-options-for-150-million-retailers\/","title":{"rendered":"Kraken Teams Up with Mastercard to Expand Bitcoin Payment Options for 150 Million Retailers"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"nitro-lazy\">Mastercard has <a href=\"https:\/\/www.mastercard.com\/news\/europe\/fr-fr\/salle-de-presse\/communiques-de-presse\/fr-fr\/2025\/kraken-s-associe-a-mastercard-pour-accelerer-l-avenement-des-paiements-en-crypto-actifs-au-royaume-uni-et-en-europe\/\" target=\"_blank\" rel=\"noopener\">revealed<\/a> a significant collaboration with Kraken to facilitate real-world Bitcoin and cryptocurrency transactions on a large scale throughout the UK and Europe. The partnership seeks to enable Kraken\u2019s customers to utilize their digital currencies at over 150 million vendors globally that accept Mastercard, representing a significant advancement in the incorporation of Bitcoin into everyday trade.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>\u201cMastercard is dedicated to fostering innovation and broadening the possibilities of digital payments,\u201d remarked Scott Abrahams, Executive Vice President of Global Partnerships at Mastercard. \u201cOur alliance with Kraken is a tangible illustration of this commitment, as we collaborate to unlock the true capabilities of cryptoassets for routine applications. With a common goal to streamline, interrelate, and ensure the security of the digital asset ecosystem, we are delighted to partner with Kraken and provide real value to their user community.\u201d<\/p>\n<p>Kraken, one of the most prominent cryptocurrency exchanges hosting over 15 million users worldwide, is leveraging Mastercard\u2019s extensive payments framework to enhance its product offerings. This encompasses the swift launch of both physical and digital debit cards that link crypto balances to everyday spending.<\/p>\n<p>The partnership also capitalizes on the growing success of Kraken Pay, a service introduced by the exchange to provide quick, borderless transactions in cryptocurrencies and fiat currencies. Merely three months post-launch, over 200,000 users have activated their personal \u201cKraktag\u201d to transfer funds globally with the ease akin to sending a text, according to the announcement.<\/p>\n<p>\u201cCryptocurrency is revolutionizing the payments sector, and we foresee a future where global commerce and daily transactions are driven by cryptoassets,\u201d stated Kraken Co-CEO David Ripley in the release. \u201cOur clients wish to effortlessly purchase tangible goods and services using their cryptocurrencies or stablecoins. Our partnership with Mastercard marks a significant stride in bringing this vision to life. United, we will unveil the full potential of cryptoassets in daily existence, guaranteeing their enduring significance and utility.\u201d<\/p>\n<p>Kraken users in the UK and Europe can now join the <a href=\"https:\/\/www.kraken.com\/krakwen\" target=\"_blank\" rel=\"noopener\">waitlist<\/a> for the forthcoming crypto debit cards and start gearing up to utilize their BTC in everyday purchases, heralding a new era in the mainstream acceptance of Bitcoin as a functional <a href=\"https:\/\/bitcoinmagazine.com\/guides\/how-local-businesses-can-use-bitcoin-for-payments\" data-type=\"link\" data-id=\"https:\/\/bitcoinmagazine.com\/guides\/how-local-businesses-can-use-bitcoin-for-payments\">payment<\/a> medium.<\/p>\n<p>Last year, Mastercard collaborated with exchange Mercado Bitcoin to <a href=\"https:\/\/bitcoinmagazine.com\/business\/mastercard-crypto-credential-launches-with-first-peer-to-peer-pilot-transactions\">introduce<\/a> its Mastercard Crypto Credential, enabling its \u201cinitial peer-to-peer (P2P) pilot transactions\u201d using aliases instead of lengthy and intricate blockchain addresses. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>  <\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/kraken-partners-with-mastercard-to-bring-bitcoin-payments-to-over-150-million-merchants\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard has revealed a significant collaboration with Kraken to facilitate real-world Bitcoin and cryptocurrency transactions on a large scale throughout the UK and Europe. The partnership seeks to enable Kraken\u2019s customers to utilize their digital currencies at over 150 million vendors globally that accept Mastercard, representing a significant advancement in the incorporation of Bitcoin into<\/p>\n","protected":false},"author":3,"featured_media":10862,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2053],"class_list":["post-10861","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-kraken-partners-with-mastercard-to-bring-bitcoin-payments-to-over-150-million-merchants-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kraken Teams Up with Mastercard to Expand Bitcoin Payment Options for 150 Million Retailers - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/09\/kraken-teams-up-with-mastercard-to-expand-bitcoin-payment-options-for-150-million-retailers\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kraken Teams Up with Mastercard to Expand Bitcoin Payment Options for 150 Million Retailers - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"Mastercard has revealed a significant collaboration with Kraken to facilitate real-world Bitcoin and cryptocurrency transactions on a large scale throughout the UK and Europe. 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