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Jakarta, Pintu News – Mercuryo and Ledger recently announced the launch of Spend, a crypto debit card integrated with Mastercard. The card allows users to make purchases using Bitcoin (BTC) and Ethereum (ETH) at over 150 million merchants worldwide.
This initiative marks a major step in the integration of digital assets into everyday life, offering convenience and security in transactions.
Spend Cards can be activated instantly through the Ledger Live app at no additional cost.
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Once activated, users can convert their crypto into fiat currency for use in everyday purchases. This eliminates the need to convert digital assets to fiat through crypto exchanges, which often entails additional time and costs.
Furthermore, the card also comes with advanced security features, including Anti-Money Laundering (AML) and Customer Identity Verification (KYC) protocols provided by Mastercard. This ensures that users’ funds remain safe and their transactions comply with applicable regulations.
The partnership between Mercuryo, Ledger, and Mastercard reflects a shared vision for the future of a secure and integrated digital ecosystem.
Mercuryo, founded in 2018, has been a pioneer in simplifying crypto payments and intuitive on-chain integration. On this partnership, Petr Kozyakov, CEO of Mercuryo said,
“Ledger has made self-custody cool. Together with Mastercard and Ledger, we are enhancing this ecosystem – giving users the power to spend their crypto securely, instantly and globally.” – Petr Kozyakov, CEO of Mercuryo
Ledger, on the other hand, is celebrating its decade of existence as a digital asset security leader in 2024. With over 7 million devices sold in 180 countries, Ledger continues to protect the majority of crypto assets worldwide.
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The launch of the Spend card is a response to the growing demand from users to use their crypto in everyday transactions.
With an ease of use equivalent to a traditional credit card, the card is expected to accelerate the adoption of digital assets by the general public. This initiative not only expands the functionality and acceptance of crypto, but also puts Mercuryo and Ledger at the forefront of innovation in digital payments.
With Spend, digital assets are now more tangible and can be used in everyday life, opening up new opportunities in the digital economy.
Overall, the Spend cards from Mercuryo and Ledger, powered by Mastercard, offer an innovative solution that integrates crypto with everyday life.
With the security and convenience offered, the card is expected to be an important tool in the evolution of digital asset usage. Over time, it could become an important catalyst for the widespread adoption of crypto as a legal and efficient means of payment.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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