Bitget Wallet has teamed up with Mastercard to extend its crypto payment card availability in 11 Latin American countries, providing users a USD-denominated and stablecoin-based payment option within monthly spending limits without any additional fees.
The expansion follows an earlier deployment in Brazil and now includes Argentina, Mexico, Panama, Guatemala, Bolivia, Peru, Colombia, Chile, Ecuador, Uruguay, and Paraguay. The card is processed through the Mastercard global network and supports payments via Apple Pay and Google Pay.
Historical Context of the Crypto-Linked Card
In July 2025, Bitget Wallet in collaboration with Mastercard and Immersve launched a crypto-linked card designed to enable users to make purchases from their digital wallets at Mastercard-accepting merchants worldwide. The primary objective was to enhance the usability of crypto cards.
Shortly after, in select markets within the Asia-Pacific region, Bitget Wallet introduced the crypto card, marking another step towards integrating cryptocurrencies into everyday transactions on a global scale.
Key Features and Benefits
The Bitget Wallet Card enables users to make payments with stablecoins stored in their wallets for USD-denominated purchases. There are no deposit, foreign exchange, conversion, or annual fees within the monthly spending limit. Settlement rates match Google’s real-time rates, potentially reducing hidden payment costs by around 1.7% compared to traditional bank cards.
This initiative aims to address a segment of Latin American consumers who use stablecoins as a store of value or for daily transactions but often encounter difficulties when converting to fiat currency due to exchange rate volatility and high transaction fees. In countries like Argentina, where the stability of the local currency is an ongoing issue, stablecoin adoption has increased significantly.
The launch underscores Bitget Wallet’s commitment to integrating crypto assets into everyday spending scenarios, positioning stablecoin-based payment cards as a viable alternative to traditional banking solutions in regions that face challenges with financial access and currency stability.
