MEXC launches Visa crypto card with USDT cashback and Apple Pay support

0
10

MEXC has launched a new Visa-linked Global Card that allows eligible users to spend USDT for everyday purchases while earning cashback rewards. The virtual card supports both Apple Pay and Google Pay, enabling users to make payments directly with their crypto holdings.

The card offers cashback ranging from 4% to 10% in USDT, depending on a user’s account tier, with monthly rewards capped at up to 800 USDT. MEXC is also waiving purchase fees until Sept. 30, after which transaction fees will begin at 1%. There are currently no issuance, annual, or top-up fees.

In addition to spending rewards, cardholders can access a separate MEXC Earn product that offers annualized returns of up to 7% on eligible USDT deposits. The exchange said the card is designed to connect crypto savings, yield products, and daily spending within a single ecosystem.

The launch comes as crypto payment card usage continues to grow. Industry data shows monthly crypto card spending reached $759 million in July, up from $306 million a year earlier, with stablecoins such as USDT and USDC accounting for the majority of transactions.

MEXC’s Global Card includes a maximum purchase limit of 80,000 USDT per transaction and a daily spending limit of 1 million USDT. The product is available only in eligible jurisdictions, while U.S. residents remain excluded under the exchange’s current restrictions.