Mastercard And Mercuryo Partner To Launch Crypto Debit Card in Europe

Mastercard And Mercuryo Partner To Launch Crypto Debit Card in Europe

Mastercard, one of the global leaders in the payments industry, has partnered with Mercuryo, a cryptocurrency payment firm, to launch a blockchain-enabled debit card in Europe. The debit card allows users to make payments using cryptocurrencies held in their non-custodial wallets, merging the worlds of cryptocurrency and traditional finance. This partnership builds on Mastercard's previous foray into blockchain with the launch of a blockchain-enabled debit card with crypto wallet MetaMask. The new card from Mastercard and Mercuryo will be accepted at millions of merchants throughout Europe that accept Mastercard, providing broader access and utility for cryptocurrency holders. The card will enable users to convert their crypto assets into fiat currency instantaneously at the point of sale, allowing for seamless and convenient spending at both online and physical stores. Additionally, holders will have the flexibility to manage their crypto assets within Mercuryo's non-custodial wallet, providing them with full control over their funds. This collaboration is a significant milestone, bridging the gap between traditional financial systems and the growing cryptocurrency landscape. By partnering with Mercuryo, Mastercard demonstrates its commitment to innovation and its belief in the future of digital assets.