The year 2025 has been historic for digital assets. Although digital assets like crypto have been around for over a decade, 2025 seems to be the year when they will become more ingrained into people’s daily lives.
In an interesting turn of events, Kraken partnered with Mastercard to turn crypto into a daily payment gateway. This move has instantaneously made crypto payments available to around 150 million merchants across other European regions and the UK.
The news was released as an official press release. The integration will use a similar architecture to the already-established Kraken Pay, which allows users to pay using over 300 fiat and crypto assets.
This collaboration can do wonders for the crypto landscape. Thanks to this partnership, people can actively use their digital assets to make daily payments, making crypto more accessible.
True Adoption Of Crypto Assets
The news was released as a press release, and company representative David Ripley, Kraken Co-CEO, said, “Crypto is transforming the payments industry, and we envision a future where global commerce and everyday payments are powered by crypto assets.”
David further added, “Our customers want to be able to easily pay for real-world goods and services with their cryptocurrencies or stablecoins. Our partnership with Mastercard is a major step in realizing this vision. Together, we will unlock the full potential of cryptoassets in everyday life, ensuring their long-term relevance and utility.”
In fact, Mastercard Executive Vice President Scott Abrahams has also said, “With a shared ambition to simplify, interoperate, and secure the digital asset ecosystem, we are proud to collaborate with Kraken and bring real value to their user base.”
Overall, the aim is to make crypto assets more accessible. This can also actively encourage people to adopt crypto assets more comprehensively, allowing newer crypto businesses to enter the market.
