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.