Binance Supercharges Crypto Liquidity: Instant Mastercard Withdrawals Now Live Across Europe & UK
Crypto just got a fast-track to your wallet—no intermediaries, no legacy delays.
Binance flips the script on fiat conversions
The exchange's new direct crypto-to-Mastercard pipeline bypasses traditional banking bottlenecks. Sell BTC, ETH, or BNB—get EUR or GBP in seconds. A silent middle finger to SWIFT transfers that take days (and bleed fees at every hop).
Europe’s regulatory dance pays off
While the UK’s FSA still twitches at crypto, the EU’s MiCA framework gave Binance the green light. Result? A 70-country rollout where compliance meets velocity. Traders win; banks lose their arbitrage playground.
Watch the liquidity dominoes fall
This isn’t just convenience—it’s a liquidity earthquake. When crypto swaps to cash this fast, hodling gets optional. Volatility? More like exit-strategy-on-demand. Just don’t tell the hedge funds still charging 2% for ‘instant’ redemptions.
Closing thought: Mastercard’s pivot to crypto rails proves even dinosaurs adapt when extinction looms. But let’s see how long before they slap on a ‘network facilitation fee’ to recoup lost interchange revenue.
Binance streamlines off-ramping of crypto
JUST IN: Binance users in Europe can now convert crypto to fiat and withdraw funds directly to eligible Mastercard cards. pic.twitter.com/aANf1x6Woo
— Cryptopolitan (@CPOfficialtx) August 7, 2025
Mastercard said its new feature will allow users to sell their crypto and transfer the fiat balance to their card, or withdraw their funds to their card. The company said the feature streamlines off-ramping crypto with speed, simplicity, and security for users across Europe and the United Kingdom.
The firm also added another withdrawal option to bank transfers and other supported methods. The feature is currently available for Euro-based payouts, with support for more fiat currencies coming soon.
Mastercard said the sell to card feature is ideal for users who hold VIRTUAL currencies and are looking to liquidate quickly. The withdrawal to card feature suits users who already have fiat in their Binance accounts and would like to move the funds fast, directly to their debit or credit card.
“At Binance, we are proud of our focus on users which has garnered the trust of nearly 300 million users and continue to further the experience for them. The new Sell to Card and Withdraw to Card features streamline and enhance the user experience, making payouts of crypto proceeds simpler and faster than ever for our users.” – Thomas Gregory, Vice President of Fiat at Binance.
Gregory mentioned that Binance aims to continue expanding its services with global leaders and innovators in digital payments, such as Mastercard. The firm also wants to widen access and possibilities for its 300 million global users.
He added that Binance is hoping to support more products and features. Gregory also acknowledged that the company remains committed to the high standards of regulatory compliance, along with its security and user protection efforts.
Scott Abrahams, executive vice president of Global Partnerships, Mastercard, said the firm is committed to unlocking the true potential of crypto assets for everyday use. He argued that the new features on Binance are meant to offer its users a better payout experience.
Europe wants to ease identity verification with EUDI Wallets
On Monday, Europe wants to launch the European Digital Identity (EUDI) Wallet to streamline identity verification. Mastercard argued that digital identity should feel as natural and reliable as making a payment.
The European Commission expects nearly 80% of EU citizens to use EUDIs by 2030 for everyday tasks. The wallet is meant to be a seamless alternative for secure authentication (SCA) and more.
Mastercard said it’s working to make Europe’s digital identity ecosystem simple and secure, starting with ensuring age verification works smoothly and protects users. It also contributes to initiatives funded by the European Commission to pilot EUDI Wallets.
The payment platform acknowledged that its partnership with identity innovators like Lissi is meant to securely tokenize its payment credentials and integrate them into EUDI Wallets. Mastercard aims to make its credentials universally accessible and trusted by consumers, businesses, and governments alike.
The EU Agency for Cybersecurity revealed that identity theft accounts for over 40% of online fraud in the bloc. Over 60% of Europeans also experience a hard time with ID verifications, which leads to abandoned transactions.
Mastercard believes there’s a clear need for a trusted and consistent way to verify identity for the more than 500 million Europeans who access everything from financial services to government portals. It has partnered with entities like EMVCo, the FIDO Alliance, and the OpenWallet Foundation, hosted by Linux Foundation Europe, to build a secure and consistent global identity ecosystem.
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