Kraken and Mastercard Team Up to Expand Crypto Payments in UK and Europe

Kraken, a leading cryptocurrency exchange, has announced a groundbreaking partnership with Mastercard to facilitate seamless crypto payments for users in the UK and Europe. This collaboration will allow digital asset holders to spend their cryptocurrencies at over 150 million merchants globally. The initiative includes the launch of physical and digital debit cards integrated with Kraken Pay, the exchange’s cross-border payment platform. With support for over 300 crypto and fiat currencies, this move significantly enhances the utility of cryptocurrencies in everyday transactions.

Kraken Partners with Mastercard for Crypto Payments

Kraken, a crypto exchange, has partnered with Mastercard to enable digital asset holders in the UK and Europe to spend their cryptocurrencies at over 150 million merchants worldwide. As part of the partnership, Kraken will launch both physical and digital debit cards that integrate with Kraken Pay, the exchange’s cross-border payment platform. Kraken Pay supports transactions in more than 300 crypto and fiat currencies, expanding the real-world utility of digital assets.

XRP Price Eyes $2.0 Breakout—Can It Hold and Ignite a Bullish Surge?

The XRP price has started a fresh increase above the $1.850 and $1.950 levels. The price is now consolidating and trading above $1.90 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1.8650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend gains if there is a close above the $2.00 resistance zone. XRP managed to stay above the $1.750 support zone and climbed above $1.850 and $1.880 resistance levels.