Kraken Partners With Mastercard to Launch Crypto Debit Cards in Europe
Kraken is partnering with Mastercard to enable crypto holders in the UK and Europe to spend digital assets at over 150 million merchants globally. Key points include:
- Introduction of physical and digital debit cards for using crypto and stablecoins in daily transactions.
- This initiative expands Kraken Pay, a service for cross-border payments in more than 300 crypto and fiat currencies.
- Over 200,000 users have activated their "Kraktag," simplifying access to Kraken Pay services.
- Co-CEO David Ripley stated the aim is to bridge the gap between the crypto economy and traditional spending.
- Debit cards anticipated to launch in the coming weeks.