Cryptocurrency exchange MEXC has launched its new Global Card. Backed by the Visa network, this virtual card allows eligible users to pay directly with Tether (USDT). The solution features immediate compatibility with Apple Pay and Google Pay, offering a tiered rewards program with up to 10% monthly cashback in USDT and access to an annual yield of up to 7% through the MEXC Earn flexible product.
This launch comes in response to historic growth in crypto asset payments, where monthly volume reached $759 million in July, driven primarily by stablecoins. By temporarily waiving purchase fees through the end of September, the platform aims to accelerate the adoption of digital finance in everyday commerce, enabling daily spending limits of up to 1 million USDT without requiring manual pre-conversions.
The card is issued instantly upon completing advanced identity verification, with restrictions remaining in place for certain jurisdictions, including the United States. To activate the service and take advantage of promotional benefits, users must apply for the virtual card directly within the MEXC app.
Disclaimer: Crypto Economy Flash News is produced from official, public sources verified by our editorial team. Its purpose is to provide quick updates on key developments across the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying official channels for each project before making related decisions.
