#United States #Dubai #Mastercard #Bybit Card #EDGE 2025

Bybit Card Honored as Best Performing Crypto Card

At the recent EDGE 2025 event held in Dubai, Bybit, the world's second-largest cryptocurrency exchange by trading volume, proudly announced that its innovative Bybit Card has been designated as the "best performing crypto card" by Mastercard. This accolade was unveiled during Mastercard's flagship forum, which aims to shape the future of payments across the EEMEA region.

The Significance of EDGE 2025

Mastercard's EDGE 2025 brought together industry leaders from various sectors to discuss emerging trends in payments, digital infrastructure, and consumer behavior. Under the theme "Commerce De-Coded," the event explored transformative innovations like artificial intelligence, integrated finance, tokenization, and stablecoins that are reshaping global commerce and propelling the fintech landscape forward.

A Game-Changer in Crypto Payments

Launched in 2024, the Bybit Card has rapidly gained popularity, boasting over two million holders globally. The card stands out for its seamless integration of cryptocurrencies into traditional payment systems, catering to the daily needs of digital asset holders. It emphasizes an enriching experience for its community through generous rewards, exclusive partnerships in both utility and cultural services, and innovative solutions. Users can convert and spend their digital assets across millions of Mastercard-affiliated merchants worldwide.

"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 of making crypto freedom a reality and enhancing accessibility to digital assets for everyday users," stated Sophie Chen, Head of Marketing at Bybit Card and Pay. Chen further highlighted that the Bybit Card exemplifies the potential of digital assets in an interconnected world and that EDGE 2025 is a gathering of businesses working to establish this critical infrastructure. The aim is for crypto users to enjoy the same seamless payment experience traditionally available to cardholders.

Innovations in the Payment Sector

This recognition arrives at a time when the payment industry is undergoing rapid transformation, fueled by integrated finance, tokenization, and AI-driven commerce solutions. Mastercard's innovation plays a central role in this acceleration, with nearly half of all online transactions processed by Mastercard in Europe now tokenized, on the path to achieving 100% by 2030. Furthermore, industry reports project that AI assistants could handle about 20% of e-commerce activities by 2025, emphasizing the critical importance of secure, intelligent payment infrastructure like the ones recognized in the Bybit Card.

Why Users Love the Bybit Card

The Bybit Card enables cryptocurrency holders to effortlessly spend their digital assets in the real world by offering instant conversion, competitive rates, unique user benefits, and acceptance at millions of Mastercard merchants globally. Here are some of the card's standout features:

• - Ease of Use: Users can make payments seamlessly using either crypto or fiat currencies, withdrawing cash from compatible ATMs worldwide. The physical card is available for Mastercard holders.
• - No Annual Fees: Enjoy up to 8% APR on balances without any annual charges.
• - Year-Round Benefits: Receive 100% discounts on subscriptions, including Netflix and Spotify, and access airport lounges along with seasonally updated perks.
• - Multi-Asset Transactions: Support for transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, with cashback options available in USDC, USDT, BTC, and AVAX, with more options to be added soon.

Bybit, founded in 2018, has positioned itself as a leader in the cryptocurrency exchange space, serving a global community of over 70 million users. The platform aims to redefine openness in a decentralized world by building a more straightforward, accessible ecosystem for all. Bybit prioritizes Web3 initiatives and partners strategically with leading blockchain protocols to fortify its infrastructure and drive chain-based innovation.

For more information about Bybit and to explore the future of decentralized finance, visit Bybit.com. For media inquiries, you can reach us at [email protected]