Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced that its Bybit Card has been honored as the Best Performing Crypto Card by Mastercard at the EDGE 2025 forum in Dubai. This flagship event, focused on shaping the future of payments across EEMEA, gathered senior executives to explore innovations like AI, embedded finance, and tokenization.
Since its launch in 2024, the Bybit Card has accumulated over two million cardholders worldwide, seamlessly integrating cryptocurrencies with traditional payment rails. It enables users to convert and spend digital assets at millions of Mastercard merchants, with features including no annual fees, up to 8% APR on balances, and year-round perks like 100% rebates on subscriptions such as Netflix and Spotify, airport lounge access, and seasonal benefits.
The card supports multi-asset transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, and offers cashback options in USDC, USDT, BTC, and AVAX. Sophie Chen, Head of Marketing at Bybit Card and Pay, stated, "We are honored to receive this award from Mastercard... The recognition validates Bybit's vision to make crypto freedom a reality and digital assets more accessible for everyday users."
This accolade comes amid rapid industry transformation, with Mastercard reporting that nearly half of its online transactions in Europe are tokenized, aiming for 100% by 2030. Bybit's regulatory compliance, including MiCAR approval in Europe, enhances the card's appeal and could drive increased adoption and transaction volumes for supported cryptocurrencies.
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