“Mastercard Launches Non-Custodial Bitcoin Debit Card for Euro Transactions”

Mastercard has introduced a groundbreaking euro-denominated debit card that allows users to spend Bitcoin directly from their self-custodial wallets. Announced on September 6, this new card enables European Bitcoin holders to manage their digital assets independently, without relying on intermediaries like Bitcoin exchanges.
The card, developed in partnership with Mercuryo, offers a non-custodial approach, giving users full control over their private keys and digital funds. Users will incur several charges, including a €1.60 issuance fee, a €1 monthly maintenance fee, and a 0.95% transaction fee on purchases, which may affect frequent users.
Mastercard’s venture into the cryptocurrency space began in 2021, and since then, the company has made significant strides, collaborating with industry leaders such as Circle and Coinbase. In 2024, Mastercard advanced its crypto integration efforts by partnering with the decentralized finance (DeFi) wallet MetaMask to pilot a self-custody debit card, enhancing users’ control over their transactions.
This new debit card supports transactions at over 100 million global merchants, reinforcing Mastercard’s dedication to blending traditional finance with digital assets and facilitating seamless crypto spending in everyday transactions.