Cryptopolitan
2025-07-01 14:40:08

Bitget joins Mastercard and Immersve to issue crypto cards for UK and EU users

Bitget wallet has partnered with Mastercard and the infrastructure provider Immersve to launch a crypto-linked card. Holders will be able to make payments directly from their digital wallets, available for all merchants that accept Mastercard globally. Bitget wallet will offer a new crypto card in partnership with the leading payment processing company Mastercard and the infrastructure provider, Immersve. The product aims to make crypto usage seamless, by spending balances directly from a crypto wallet. Holders will be able to pay through more than 150 million merchants that accept Mastercard globally. The exchange’s wallet app will handle real-time funding via on-chain swaps and deposits. Users can apply for the card digitally and add it to their mobile wallets, usable at both physical and online merchants. “Digital wallets are quickly becoming as ubiquitous as email addresses. At Mastercard, we’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale,” said Scott Abrahams, executive vice president, Global Partnerships at Mastercard. Immersve will be the main card issuer, while transactions will be settled on-chain, handling payments and notifications through the Mastercard Digital First technology. Card issuance will involve KYC and money laundering monitoring. The new card will roll out gradually, starting with the UK and the European Union, with plans to expand to Latin America, Australia, and New Zealand within months. Bitget taps into interest in practical crypto applications The card arrives at a time when crypto payments are growing, driven by a growing supply of stablecoins . The crypto payments ecosystem also aims to connect to mainstream fintech solutions. “ Crypto payments should be as seamless and secure as traditional transactions. With this partnership, Bitget Wallet users can now pay with crypto anywhere Mastercard is accepted,” said Jamie Elkaleh, CMO at Bitget Wallet. Bitget wallet reaches over 80 million users globally, offering self-custody for all assets. The card can apply those self-custodied assets for everyday commerce. Card holders will have optional incentives such as transaction-based rewards, yield for in-wallet balances, and a one-time KYC bonus. DeFi use cases revive Bitget usage stats The recent revival of DeFi and decentralized trading boosted the use cases for Bitget wallet. The multi-asset wallet supports over 130 blockchains, 20,000 distributed apps and a million tokens. The wallet is also a trading hub, offering swaps across hundreds of available DEXs with seamless bridging. Bitget saw a return of older Ethereum traders as DeFi revived. The Bitget wallet also carries significant volumes from BNB Smart Chain swaps. | Source: Dune Analytics In 2025, Bitget also saw an inflow of older returning traders on Ethereum, far outpacing the volume of brand-new traders. The wallet was positioned to tap into the recovery of DeFi and the waves of new tokens and projects. Bitget is also secured by an additional $300M user protection fund, in case of hacks or exploits. The wallet has already faced problems with flawed trading smart contracts, when hackers found a loop and exploited the VOXEL token, leading to losses of up to $100M . Currently, Bitget carries highly active swaps for TRON, with Ethereum, BNB Smart Chain, Arbitrum and Solana also among the leading networks. The exchange sees over 30% of its swap traffic from BNB Smart Chain, booming due to the special campaigns and incentives. KEY Difference Wire helps crypto brands break through and dominate headlines fast

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.