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Mastercard Has Launched A New Crypto Debit Card

September 7, 2024
x min read
Mastercard Has Launched A New Crypto Debit Card

Mastercard has a new plan to enable crypto to be seamlessly used for payments. And it’s now available in Europe.

What’s happening:

  • Mastercard (NYSE: MA) has partnered with Mercuryo to a launch a crypto debit card that is denominated in Euros and allows users to spend digital assets that they hold in self custody wallets

Why it matters:

By the numbers:

  • The new crypto debit card for Mastercard will be able to be used for payment with 100M different merchants globally
  • Over 40 different digital assets are compatible with the new debit card from Mastercard

Going deeper:

  • Mercuryo is a financial technology company focused specifically on building new integrations for crypto payments and has existing partnerships with leading digital asset companies including MetaMask, Pancake Swap, Ledger and others
  • Mercuryo is aiming to validate the new technology integration with Mastercard with users located in the European Economic Area and then expand into other countries globally

The intrigue:

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