Bitget Wallet launches Mastercard crypto card in Brazil, plans expansion to seven Latin American countries

Foresight News reports that on August 6, Bitget Wallet launched a US dollar-based, zero-fee Mastercard crypto payment card in Brazil, with plans to expand to other Latin American markets—including Argentina, Mexico, Colombia, Chile, Peru, and Guatemala—as well as additional countries in the Asia-Pacific region in the coming months. The card is supported by infrastructure provider Immersve, allowing users to spend cryptocurrencies directly from their wallet at over 150 million merchants worldwide that accept Mastercard.

The card can only be activated through the Bitget Wallet App. Unlike crypto cards that rely on centralized platforms, the Bitget Wallet crypto card is built on an on-chain, non-custodial architecture, ensuring that funds always remain in the user’s crypto wallet and are only converted at the time of payment. The card utilizes Mastercard Digital First technology and supports both Apple Pay and Google Pay. Users can top up and spend USDC in real time, enjoying zero top-up and transaction fees. All spending is instantly converted from cryptocurrency to fiat, eliminating the need for local banks or traditional currency exchanges. Additionally, Bitget Wallet will offer up to 10% annualized returns on card balances, combining on-chain yield with a seamless, zero-barrier payment experience to provide users with a stable payment and storage solution that helps hedge against local currency volatility.