DUBAI, UAE, October 20, 2025 /PRNewswire/ — Bybitthe world’s second largest cryptocurrency exchange by trading volume, is delighted to announce that the Bybit card has been recognized by Mastercard, the global leader in payment technology, as the most efficient crypto card at EDGE 2025.
Mastercard hosted the fourth edition of EDGE, its flagship forum shaping the future of payments in the EEMEA region. The event brought together global leaders from various industries to examine emerging opportunities in payments, digital infrastructure and consumer trends. Under the theme “Commerce: De-Coded,” EDGE 2025 explored how innovations such as agentic AI, embedded finance, tokenization and stablecoins have transformed global commerce and accelerated the evolution of fintech.
Bybit card: a quick transition to the future of encrypted payment
Since its launch in 2024, the Bybit Card has accumulated more than two million cardholders worldwide. Distinguished by the seamless integration of cryptocurrencies with traditional payment channels, the Bybit Card addresses the daily needs of digital asset holders and prioritizes an enriching experience for its community. Through generous rewards tracks, exclusive utility-to-culture partnerships, and innovative solutions, the Bybit Card allows users to convert and spend their digital assets at millions of merchants worldwide on the Mastercard network.
“We are honored to receive this award from Mastercard, a global leader in financial innovation and trusted partner in payments technology. This recognition validates Bybit’s vision of making crypto freedom a reality and digital assets more accessible to everyday users,” said Sophie Chen, Head of Marketing at Bybit Card and Pay. “The Bybit Card demonstrates the potential of digital assets in a connected world. EDGE 2025 has brought together the companies that are actively building this infrastructure, and we are working to ensure crypto users have the same seamless payment experience as traditional cardholders.”
This recognition comes as the payments industry is undergoing rapid transformation through AI-driven integrated finance, tokenization and commerce solutions.
Mastercard’s own innovation demonstrates this accelerated evolution. Nearly half of all Mastercard online transactions in Europe are now tokenized, on track to reach its goal of 100% by 2030. In the area of AI commerce, industry reports suggest that AI assistants could handle 20% of e-commerce activities in 2025, highlighting the critical importance of a secure and intelligent payments infrastructure like that recognized in the Bybit Card.
The most efficient, the most loved
The Bybit Card allows cryptocurrency holders to easily spend their digital assets in real-world scenarios, offering instant conversion, competitive rates, unique user benefits and acceptance at millions of Mastercard merchants worldwide.
Main features of the Bybit card:
- Crypto Convenience: Seamless fiat-to-crypto spending and ATM cash withdrawals supported worldwide with the physical card available for Mastercard holders.
- No annual fees And up to 8% APR on sales.
- Benefits all year round: 100% off subscriptions including Netflix, Spotify and select AI tools, airport lounge access and other seasonally updated benefits.
- Multi-asset transactions and cashback: support for transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT and BNB; cashback options in USDC, USDT, BTC and AVAX, with more options on the way.
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About Bybit
Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for all. With a strong focus on Web3, Bybit strategically partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, enabling builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance on Bybit.com.
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