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BloFin and Mastercard Launch Crypto Card for Easy Payments
On April 25, 2025, BloFin, a leading cryptocurrency exchange, has launched a new crypto card in partnership with Mastercard. This innovative solution enables seamless USDT transactions denominated in euros for EEA users, marking a significant step towards integrating cryptocurrencies with traditional financial systems and potentially enhancing liquidity in the crypto markets.
In this groundbreaking move, BloFin has joined forces with Mastercard to introduce a virtual crypto card that supports USDT payments in euros for European Economic Area (EEA) users. The partnership aims to provide secure and seamless access to crypto assets globally, leveraging the strength of its infrastructure and partnerships with industry leaders like Fireblocks and Chainalysis.
The newly launched card is poised to increase USDT liquidity as users convert stablecoins into fiat currencies. Mastercard’s involvement in this project highlights its commitment to incorporating digital assets into mainstream payments without significant short-term price shifts reported so far. Notably, the partnership between BloFin and Mastercard has gained traction, signaling increased institutional interest in cryptos.
Mastercard’s compliance integration and support from Fireblocks validate the credibility of the infrastructure. Market reactions remain subdued thus far, but long-term adoption trends suggest promising prospects for widespread cryptocurrency adoption.
Source: https://www.kanalcoin.com/blofin-mastercard-crypto-card-launch/
