Bitget Wallet Launches Zero-Fee Mastercard Crypto Card in Brazil, Expanding into Latin America
Bitget Wallet has made a significant stride in the cryptocurrency market by launching its USD-based zero-fee crypto card in Brazil, marking its first expansion into Latin America. Developed in collaboration with Mastercard and infrastructure provider Immersve, this innovative card enables users to spend stablecoins in real-time without incurring transaction fees. This move underscores Bitget's strategic ambition to tap into one of the world's most dynamic cryptocurrency markets, with Brazil serving as the gateway for further regional growth. The initiative reflects the growing demand for seamless crypto-to-fiat solutions and positions Bitget as a key player in the evolving digital finance landscape.
Bitget Wallet Expands Zero-Fee Mastercard Crypto Card to Latin America Starting with Brazil
Bitget Wallet has launched its USD-based zero-fee crypto card in Brazil, marking its first foray into Latin America. The card, developed in partnership with Mastercard and infrastructure provider Immersve, allows users to spend stablecoins in real-time without transaction fees.
The expansion signals Bitget's strategic push into one of the world's most active cryptocurrency markets. Following the Brazil rollout, the company plans to extend services to Argentina, Mexico, Colombia, Chile, Peru, and Guatemala within months. Australia and New Zealand are next on the roadmap.
This MOVE represents the card's first availability outside Europe, where it previously operated only in the UK and select EU countries. "Latin America's dynamic crypto economy makes it a natural next step for global expansion," said Bitget Wallet CMO Jamie Elkaleh.
XRP Price Surges 11% After Ripple’s SEC Legal Victory
XRP rallied sharply following the conclusion of Ripple's protracted legal battle with the SEC, removing a significant market overhang. The cryptocurrency gained 11% within 24 hours, outperforming most digital assets.
A short squeeze accelerated the upward move as XRP breached key resistance levels at $3.08, $3.19, and $3.29. Data from Bitget shows over $500 million in short positions were liquidated during the surge.
Technical indicators suggest potential for further gains, though the $3.64 level presents the next major test for bulls. The resolution of regulatory uncertainty has renewed institutional and retail interest in the asset.