Bitget Wallet And Immersve Introduce USD-Based Crypto Card In Brazil, Eye Latin America Expansion
In Brief
Bitget Wallet has launched a zero-fee USD Mastercard crypto card in Brazil with plans to expand across Latin America and the Asia-Pacific, enabling direct stablecoin spending at over 150 million merchants.
Cryptocurrency wallet provider Bitget Wallet has introduced a USD-denominated, zero-fee Mastercard cryptocurrency payment card in Brazil, signaling its entry into Latin America’s expanding digital payments sector. Plans are in place to extend availability to Argentina, Mexico, Colombia, Chile, Peru, and Guatemala in the coming months, with further launches in the Asia-Pacific region expected later in the year.
Developed in collaboration with infrastructure provider Immersve, the card enables cryptocurrency spending directly from user wallets at more than 150 million Mastercard-accepting merchants worldwide.
Accessible only through the Bitget Wallet application, the card features immediate, fully digital issuance powered by Mastercard Digital First technology. Real-time USDC top-ups are supported, with spending possible through Apple Pay and Google Pay, alongside instant crypto-to-fiat conversion. No fees are applied for top-ups or USD transactions.
Aimed at individuals holding stablecoins to mitigate local currency fluctuations, the product also offers potential returns of up to 10% annually on unused wallet balances, while preserving everyday payment access. This makes it a possible substitute for conventional bank cards in contexts such as cross-border payments, online purchases, and travel, allowing direct USD spending from wallets without dependence on local banks or manual fiat conversions.
“Latin America is one of the world’s most dynamic crypto economies, making it a natural next step for our global expansion,” said Jamie Elkaleh, CMO of Bitget Wallet, in a written statement. “With the Bitget Wallet Card, we are unlocking real-world payments for millions of users across the region, helping crypto evolve from an investment asset into a usable currency. This launch represents a key step in our vision of building a global payments network powered by self-custodial wallets,” he added.
“Latin America’s crypto adoption ranks among the highest in the world, and we view this region as a proving ground for real-world blockchain payments,” said Jerome Faury, CEO of Immersve, in a written statement. “This partnership shows how traditional payment rails and crypto wallets can work together to provide seamless and scalable solutions for everyday spending,” he added.
Bitget Wallet Expands PayFi Strategy With Comprehensive Self-Custodial Payment And Asset Management Features
Bitget Wallet is a non-custodial cryptocurrency wallet developed to provide a straightforward, efficient, and secure experience in digital asset management. It integrates a broad range of services, including token swaps, market analytics, staking, rewards programs, a decentralized application (dApp) browser, and cryptocurrency payment capabilities. The platform supports over 130 blockchains, more than 20,000 dApp, and a million tokens, enabling smooth multi-chain trading across numerous decentralized exchanges and cross-chain bridges. Backed by a user protection fund exceeding $300 million, it is designed to maintain a high standard of asset security. Its stated goal is to make cryptocurrency simpler, safer, and more integrated into everyday life, aiming to bring digital assets to a global audience of one billion people.
Bitget Wallet, which reports a global user base exceeding 80 million, is broadening its offerings as part of a wider PayFi strategy. In addition to the cryptocurrency payment card, the platform incorporates QR-based Scan-to-Pay functionality, in-app shopping options, and built-in yield-generating products, with the objective of delivering an all-in-one self-custodial solution for transacting, earning, and managing digital assets.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
