<ul data-eligibleForWebStory="false"><li>Mastercard has launched a zero-fee crypto card in partnership with Bitget Wallet, allowing users to spend digital assets at over 150 million merchants worldwide without traditional card network costs.</li><li>Visa is introducing its stablecoin initiative in Latin America to keep pace, as stablecoin transactions surpassed $27 trillion last year, surpassing the combined volume of Visa and Mastercard.</li><li>The threat of fee-free crypto cards, like Mastercard's, is significant as U.S. merchants pay $187 billion in card fees annually, prompting a move towards low-cost alternatives for everyday spending.</li><li>Industry leaders acknowledge the shift, with Bitget Wallet's CMO highlighting the collaboration as a pathway to real-world crypto use, while Visa's focus is on integrating stablecoins into its existing infrastructure.</li></ul>

Crypto Payments Go Mainstream, Pressuring Traditional Networks

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