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Bitget and Mastercard Launch Crypto Card for Global Spending

  • Bitget and Mastercard have collaborated to launch a crypto card for global spending, allowing users to spend digital assets at over 150 million locations supported by Mastercard.
  • The virtual card, available through the Bitget Wallet app, is funded in real-time through onchain swaps and deposits, enabling instant loading into mobile wallets for immediate online and offline use.
  • The partnership with Immersve ensures crypto-to-fiat conversions and compliance with Mastercard's regulatory standards like AML and KYC; starting in the UK and EU, there are plans to expand to other regions like Latin America, Australia, and New Zealand.
  • This move reflects the increasing emphasis on real-world crypto integration, with Bitget Wallet aiming to bridge decentralized finance with traditional payments; the card offers yield opportunities, rewards, and transaction-based bonuses to incentivize adoption.

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