Binance Revolutionizes Crypto-to-Fiat Transfers in Europe with Mastercard Integration
Binance has taken a significant leap in bridging the gap between cryptocurrencies and traditional finance by launching instant crypto-to-fiat withdrawals for European users via Mastercard. This innovative service allows users to seamlessly convert their digital assets into spendable fiat currencies, which can be withdrawn directly to eligible Mastercards. The integration utilizes Mastercard Move, a state-of-the-art money movement system, to ensure transactions are not only swift but also secure. This development marks a pivotal moment in the cryptocurrency industry, as it enhances liquidity and accessibility for users, further solidifying Binance's position as a leader in the crypto exchange space. The service is expected to significantly improve the user experience by reducing the time and complexity traditionally associated with converting and withdrawing crypto funds. As of August 2025, this feature is set to empower European users with unparalleled convenience in managing their digital and fiat finances.
Binance Launches Instant Crypto-to-Fiat Withdrawals for European Users via Mastercard
Binance has introduced a groundbreaking feature enabling European users to convert cryptocurrencies into fiat currencies instantly. The service facilitates direct withdrawals to eligible Mastercards, streamlining the process of accessing spendable funds from digital assets.
The integration leverages Mastercard Move, a sophisticated money movement system, to ensure rapid and secure transactions. Available on both desktop and mobile platforms, this enhancement reflects Binance's commitment to improving user experience through faster, more efficient financial tools.
This development marks a significant step in bridging the gap between traditional finance and digital assets, offering users unprecedented flexibility in managing their crypto holdings. The move aligns with growing demand for seamless crypto-to-fiat conversions across global markets.
BNB and XRP Target New Highs as Remittix Eyes 8000% Surge
BNB and XRP are showing bullish momentum, with Binance Coin breaking past $860 and eyeing a potential rise to $1,000 amid growing institutional interest. Analysts attribute the surge to speculation around a BNB ETF and expanding ecosystem support, including DeFi and NFT integrations.
XRP's recent uptick is tied to increasing institutional adoption, though specifics remain undisclosed. Meanwhile, Remittix (RTX) is gaining attention with predictions of an 8000% explosion before November, fueled by accelerating buying momentum.
Market sentiment suggests these assets could dominate portfolio strategies this month, combining established growth trajectories with high-risk, high-reward opportunities.
Ripple’s Legal Hurdle Ends and XRP Surges Amid New Prospects
Ripple’s protracted legal battle with the U.S. Securities and Exchange Commission has reached a decisive conclusion. Chief Legal Officer Stuart Alderoty confirmed the mutual withdrawal of appeals, marking the end of a saga that had clouded the company’s prospects. The resolution triggered an immediate market response, with XRP soaring to $3.38 on Binance—its highest level since July 23.
The settlement follows Judge Analisa Torres’ rejection of a motion to amend the final ruling, cementing terms agreed upon in March. Ripple will pay a $125 million penalty and cease institutional XRP sales in the U.S. The resolution removes a critical overhang for the company as it refocuses on core business operations.
Binance and Mastercard Enable Instant Crypto-to-Fiat Conversions in Europe
Binance has introduced two new features—'Sell to Card' and 'Withdraw to Card'—allowing European users to convert cryptocurrencies like BTC and ETH into euros and withdraw funds directly to a linked Mastercard. The partnership with Mastercard Move eliminates the need for slow bank transfers, offering NEAR real-time transactions.
Thomas Gregory, Binance's VP of Fiat, emphasized the user-centric design, calling it a leap forward in simplifying crypto payouts. The service is available across the European Economic Area and the UK, marking a strategic expansion of crypto-fiat infrastructure.
BBVA to Provide Off-Exchange Custody for Binance Customers in Strategic Shift
Binance has partnered with Spain's BBVA to safeguard client assets through off-exchange custody, marking a significant departure from its traditional in-house fund management. The arrangement parks user funds in U.S. Treasuries held by BBVA, while Binance accepts these securities as trading collateral—creating a firewall against potential exchange failures.
The MOVE reflects growing institutionalization in crypto markets following FTX's 2022 collapse. Exchanges face mounting pressure to segregate custody functions, with proof-of-reserves and third-party custodians becoming industry standards. Binance's $4.3 billion settlement with U.S. regulators last year accelerated its adoption of external custody solutions from providers like Sygnum and FlowBank.
BBVA continues expanding its crypto footprint, having recently launched trading and custody services via mobile platforms. The Spanish bank's deepening involvement signals traditional finance's growing comfort with digital assets—even as regulatory scrutiny intensifies globally.
Binance and BBVA Partner to Enhance Crypto Asset Security
Binance has partnered with Spain's BBVA to offer off-exchange custody solutions for digital assets, merging crypto expertise with traditional banking security. The collaboration addresses growing demand for secure storage beyond trading platforms, reducing counterparty risks while maintaining liquidity access.
The alliance leverages Binance's market dominance and BBVA's regulatory compliance framework to create a transparent custody service. Institutional and retail investors gain a hybrid solution combining crypto-native infrastructure with bank-grade asset protection.
