Bitget Wallet launches its zero-fee crypto cards, courtesy of Mastercard and infrastructure provider Immersve, for the first time in Brazil as it eyes Latin American expansion.
Summary
- Bitget Wallet’s USD-based zero-fee crypto cards is now available in Brazil, making its debut in Latin America.
- Mastercard has partnered with a number of crypto firms to offer stablecoin payments to users in real-time.
According to a press release sent to crypto.news, the USD-based zero-fee crypto cards are now available for Bitget Wallet users in Brazil starting August 6. The firm is already planning to expand the card’s reach into other parts of Latin America, including Argentina, Mexico, Colombia, Chile, Peru, and Guatemala. The expansion is said to take place “in the coming months” after its Brazil debut.
“Latin America is one of the world’s most dynamic crypto economies, making it a natural next step for our global expansion,” said CMO of Bitget Wallet Jamie Elkaleh.
This marks the crypto cards’ first expansion out of Europe. When it was first launched, the card was only available the United Kingdom and within some parts of the European Union.
However, the firm does plan to expand its utility into more regions. After Latin America, it sets it sights on launching in Australia and New Zealand in the months following its launch.
The card can be accessed through the Bitget Wallet app. It offers instant crypto-to-fiat conversion using Mastercard Digital First technology, thereby allowing users to spend crypto directly from their wallets at over 150 million merchants that accept Mastercard.
Users can top-up their crypto card balances without platform fees in real time using USDC (USDC), and spend their stablecoins using Apple Pay and Google Pay.
According to the release, the card offers a way to earn a yield of up to 10% annually on idle balances sitting in the wallet while granting users the ability to use it for everyday spending.
Mastercard’s leap into crypto payment services
In the past few months, Mastercard has been accelerating its dive into the crypto payments sector by launching services that integrate cryptocurrency such as stablecoins and other blockchain-based digital assets into its global payment infrastructure.
In fact, in early June, Mastercard predicted that the entirety of its transactions in the EU will be tokenized by 2030. The payment firm is aiming to completely abandon manual card transactions and completely tokenize its e-commerce transactions through the blockchain.
In April 2025, the company unveiled comprehensive stablecoin payment capabilities, enabling users and merchants to send, receive, and settle using stablecoins via partnerships with firms like OKX, Nuvei, Gemini, MetaMask, and Crypto.com.
In late June, Mastercard partnered with Chainlink to make off-chain payments for on-chain crypto purchases, granting more than 3 billion users the ability to convert fiat-to-crypto directly through traditional finance combined with web3 infrastructure.
