Dubai, UAE – October 20, 2025: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized by Mastercard as the “Best Performing Crypto Card” at EDGE 2025, Mastercard’s flagship event dedicated to shaping the future of payments across Europe, the Middle East, and Africa.
Celebrating Innovation in Payments
Held under the theme “Commerce: De-Coded”, EDGE 2025 brought together senior executives, fintech leaders, and innovators to explore the transformative forces redefining global commerce. Discussions centered around key trends such as agentic AI, tokenization, embedded finance, and stablecoins, which are driving the evolution of digital payments worldwide.
Mastercard’s recognition of the Bybit Card highlights its role in bridging the gap between traditional finance and digital assets, offering crypto users a seamless, secure, and rewarding way to transact across millions of Mastercard merchants globally.
Bybit Card: Merging Crypto Freedom with Real-World Utility
Launched in 2024, the Bybit Card has quickly become one of the fastest-growing crypto payment products, surpassing two million cardholders worldwide. The card allows users to convert and spend their cryptocurrencies effortlessly, combining the convenience of everyday payments with the power of blockchain innovation.
With support for major digital assets—including BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB—the Bybit Card provides multi-asset transaction flexibility while offering competitive conversion rates and transparent fees.
“We are honored to receive this award from Mastercard, a global leader in financial innovation and a trusted partner in payment technology,” said Sophie Chen, Head of Marketing for Bybit Card and Pay. “This recognition validates Bybit’s mission to make crypto freedom a reality and ensure digital assets are accessible for everyday users. The Bybit Card represents what’s possible when innovation meets usability—allowing crypto holders to enjoy the same seamless payment experience as traditional card users.”
Transforming the Payments Landscape
The award comes amid a wave of transformation within the payments industry, driven by AI-powered commerce, tokenization, and embedded finance. Mastercard itself is advancing these technologies—nearly half of its online transactions in Europe are now tokenized, with the company targeting full tokenization by 2030.
At the same time, AI-driven assistants are expected to manage up to 20% of all eCommerce transactions in 2025, underscoring the growing importance of intelligent, secure payment solutions like the Bybit Card.
Why the Bybit Card Stands Out
The Best Performing Crypto Card distinction reflects not only transaction performance but also user satisfaction, innovation, and adoption growth. The Bybit Card’s success lies in its ability to make crypto spending intuitive while offering meaningful value to users through its reward programs and flexible payment options.
Key features of the Bybit Card include:
- Seamless crypto-to-fiat conversion: Spend cryptocurrencies at any merchant in the Mastercard network or withdraw cash from ATMs globally.
- No annual fees: Users enjoy full benefits without maintenance costs.
- Up to 8% APR on balances, providing added incentives for cardholders.
- Exclusive lifestyle perks: 100% rebates on subscriptions such as Netflix, Spotify, and selected AI tools, plus airport lounge access and other rotating seasonal rewards.
- Multi-asset cashback options: Receive rewards in USDC, USDT, BTC, or AVAX, with more supported tokens to be added soon.
A Step Toward Mainstream Crypto Adoption
Bybit’s achievement reflects a broader trend of cryptocurrency integration into mainstream finance. As digital assets continue to mature, partnerships between crypto innovators and global payment networks are proving essential in expanding usability and trust.
Through its collaboration with Mastercard, Bybit is helping define what the future of everyday crypto payments looks like—fast, secure, and universally accepted. The Bybit Card not only simplifies how users interact with digital assets but also showcases how crypto can coexist with regulated financial ecosystems to create real-world value.
As the financial world continues to evolve, the recognition at EDGE 2025 reinforces Bybit’s position as a leader in digital payment innovation and a driving force behind blockchain adoption in practical, user-friendly ways.
