Cardano’s token (ADA) now can be used to pay for goods and services in more than 150 million retail outlets globally thanks to its new integration with Mastercard, powered by the crypto exchange Kraken. The news spread in the crypto community after a post by blogger Crispy on social network X, receiving a lively reaction among Cardano supporters.
ADA holders can now load the token onto Mastercard and pay with it wherever the payment system is accepted. Kraken provides instant conversion of the token to fiat currency at the time of purchase, simplifying the process for merchants.
This event was an important milestone for the entire Cardano ecosystem. Previously, ADA was mainly seen as an investment asset, but now it is becoming a full-fledged exchange medium. Integration with Mastercard strengthens credibility of the platform and brings the cryptocurrency closer to real use in everyday life.
The fusion of Cardano, Kraken, and Mastercard could be a model for future crypto projects looking to move beyond speculation and deliver practical value, TimesTabloid reports.