Bitget and Mastercard Introduce Revolutionary Crypto-Spending Card with Stablecoin Support

In a groundbreaking move, Mastercard and cryptocurrency exchange Bitget have launched a co-branded card designed to bridge the gap between digital assets and everyday spending. Announced on July 3, 2025, this innovative solution enables users to seamlessly spend cryptocurrencies, including stablecoins like USDC, at any merchant that accepts Mastercard. The partnership with Immersive ensures instant transactions without manual fund transfers or delays, positioning the card as a zero-fee, volatility-resistant tool for global adoption. Targeted at key regions, this collaboration marks a significant step toward mainstream crypto utility in finance.

Mastercard and Bitget Launch Crypto-Spending Card with Stablecoin Support

Mastercard and crypto exchange Bitget have unveiled a co-branded card that allows users to spend digital assets like cash, including stablecoins such as USDC to mitigate volatility risks. The card, issued in partnership with Immersive, eliminates manual fund transfers and transaction delays, functioning seamlessly at any Mastercard-accepting merchant.

Positioned as a zero-fee solution, the offering targets regions with unstable currencies or limited banking access. Yet hidden costs lurk—exchange rate spreads, ATM fees, and variable blockchain network charges could erode the promised benefits. While Mastercard touts this as an innovation milestone and Bitget emphasizes utility expansion, critics caution that the "fee-free" branding may mislead crypto novices.

The product accelerates crypto's push into mainstream payments, leveraging Mastercard's global rails and Bitget's wallet infrastructure. Approval requires minimal KYC checks, though an undisclosed issuance fee applies—a friction point for unbanked populations the initiative claims to serve.

Bitget Partners with Montreux Jazz Festival for Inaugural Crypto Jazz Event

The Montreux Jazz Festival, synonymous with musical innovation, is embracing cryptocurrency's disruptive potential. Bitget, a major crypto exchange, has signed on as the main partner for the festival's first Crypto Jazz Festival this July.

The collaboration underscores a shared ethos of freedom and reinvention. Jazz thrives on improvisation and breaking conventions, while cryptocurrency challenges traditional financial systems. "Jazz reshapes music through innovation, just as crypto transforms finance," said a Bitget representative.

While drawing parallels between artistic and financial liberation, Bitget cautioned against equating jazz improvisation with crypto investing. The event marks another step in cryptocurrency's cultural mainstreaming, blending avant-garde finance with legendary musical heritage.