What happened?
Bitget Wallet has teamed up with Mastercard and Immersve to launch a new crypto-linked card. This card allows users to pay directly from their digital wallets at over 150 million merchants worldwide where Mastercard is accepted. Initially available in the UK and EU, there are plans to expand to other regions in the future.
Who does this affect?
This development affects Bitget Wallet users who can now use their crypto assets for everyday purchases. It also impacts merchants accepting Mastercard payments, as they can now tap into the growing crypto user base. The partnership benefits individuals interested in using cryptocurrency seamlessly, like traditional money.
Why does this matter?
This move could significantly impact the digital payments market by integrating crypto into mainstream commerce. It bridges the gap between cryptocurrencies and regular financial transactions, enhancing crypto’s practical utility. This collaboration indicates continued interest in making crypto a viable option within key payment systems globally.