Crypto trading platform Swissborg announced on Dec. 10 a landmark partnership with Mastercard to launch a crypto debit card designed to seamlessly connect digital assets with everyday spending.
The card, set to roll out virtually in the first quarter of 2026 across 30 countries, including the EEA, the United Kingdom, and Switzerland, will allow users to spend cryptocurrencies at more than 150 million Mastercard-accepting locations worldwide.
According to a media statement, each transaction converts crypto to fiat currency in real time via the Swissborg Meta-Exchange (MEX). Users can select a primary spending asset — including BORG, bitcoin, ethereum, solana, or stablecoins such as USDC and EURC — and designate backup assets if balances run low.
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Transactions settle in local base currencies while every payment generates up to 90% cashback in BORG tokens, depending on loyalty rank. These rewards are bought back from the open market, creating consistent buy pressure and unlocking perks such as boosted yields, airdrops, and exclusive alpha opportunities.
“For years, crypto cards have existed, but very few offer a genuine advantage to users,” said Cyrus Fazel, co-founder and CEO of Swissborg. “The Swissborg Card is unique by combining the routing power of the Meta-Exchange with a real economic model that rewards spending.”
Christian Rau, senior vice president at Mastercard, added: “By working with leading exchanges worldwide, Mastercard is making crypto payments safe, simple, and accessible. We’re thrilled to team up with Swissborg to bring increased choice and convenience to users.”
The first release will be a virtual card, with physical cards and additional features — including rewards and perks — planned for later phases. Priority access will be given to eligible Series A investors, who are automatically included on the waitlist.
Swissborg’s partnership with Mastercard marks a significant step in bridging crypto with traditional finance, offering real-world utility to Web3 and empowering users with greater control over how they spend their assets.
- What is Swissborg launching? A crypto debit card with Mastercard that connects digital assets to everyday spending.
- Where will it be available first? The virtual card rolls out in Q1 2026 across 30 countries, including the EEA, UK, and Switzerland.
- How do payments work? Crypto is converted to local fiat in real time via the Swissborg Meta‑Exchange.
- What rewards can users earn? Up to 90% cashback in BORG tokens, unlocking perks like yields, airdrops, and exclusive opportunities.
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