#Dubai #UAE #Mastercard #Bybit Card #Crypto Awards

The Bybit Card: A New Era in Cryptocurrency Payments

In an exciting announcement from Dubai on October 21, 2025, Bybit, the world's second-largest cryptocurrency exchange by trading volume, revealed that its flagship product, the Bybit Card, has been awarded by Mastercard as the best-performing cryptocurrency card at the prestigious EDGE 2025 event. This recognition underscores the card's significant impact on the evolving landscape of digital payments.

The Significance of EDGE 2025

EDGE 2025 is Mastercard's premier forum designed to shape the future of payments in the Eastern Europe, Middle East, and Africa (EEMEA) region. This year’s event gathered top executives from various sectors to discuss emerging opportunities in payment infrastructure and consumer trends under the theme “Commerce De-Coded.” Discussions sparked lively debates on innovations like artificial intelligence in finance, embedded finance, tokenization, and stablecoins, that are rapidly transforming the global commerce space.

A Groundbreaking Solution for Cryptocurrency Users

Since its launch in 2024, the Bybit Card has garnered over two million users globally. It stands out for its seamless integration of cryptocurrencies with traditional payment methods, addressing the daily needs of digital asset holders and prioritizing a rewarding experience for its community. With robust reward programs and exclusive partnerships extending into the realms of services and culture, the Bybit Card empowers users to convert and spend their digital assets with ease at millions of merchants worldwide under the Mastercard network.

Sophie Chen, Head of Marketing for Bybit Card and Pay, expressed the company's gratitude, stating, “We are honored to receive this award from Mastercard, a global leader in financial innovation and a trusted partner in payment technology. This recognition validates Bybit's vision to make cryptocurrency freedom a reality and to make digital assets more accessible to everyday users.”

Innovating the Future of Payments

This award comes at a time of rapid transformation in the payments industry, spurred on by integrated finance and AI-based commercial solutions. The innovations from Mastercard itself reflect this ongoing change, with nearly half of all online Mastercard transactions in Europe now tokenized, aiming for 100% by 2030. Industry reports indicate that AI assistants could manage up to 20% of eCommerce activities by 2025, highlighting the essential need for a secure and intelligent payment infrastructure like that of the Bybit Card.

Features and Benefits of the Bybit Card

The Bybit Card allows cryptocurrency holders to effortlessly spend their digital assets in real-world scenarios. Here are some of its key benefits:

• - Convenient Spending: Integrated fiat to cryptocurrency spending and cash withdrawals through ATMs worldwide with the physical card available for Mastercard holders.
• - No Annual Fees: Users can enjoy up to 8% APR on balances without annual fees, enhancing the card's appeal.
• - Year-Round Discounts: Users receive 100% discounts on subscriptions, covering services like Netflix, Spotify, and selected AI tools, along with access to airport lounges and other seasonally updated benefits.
• - Multi-Asset Transactions: The card supports transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, with cashback options available in USDC, USDT, BTC, and AVAX, among others.

Bybit's Mission and Future Vision

Bybit aims to redefine the concept of openness within a decentralized world by creating a simpler, fairer ecosystem for all. Established in 2018, the exchange serves a global community exceeding 70 million users. By prioritizing Web3 technology, Bybit collaborates strategically with leading blockchain protocols to provide robust infrastructure and spur innovation on-chain. Notably recognized for its safe custody, diverse markets, user-friendly experience, and advanced blockchain tools, Bybit bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi), unlocking the full potential of the Web3 landscape.

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