Cryptocurrency Exchange Bitso Partnering With This Altcoin Has Agreed With Mastercard!

Ripple’s (XRP) Mexican partner cryptocurrency exchange Bitso, MasterCard announced that it has jointly issued a debit card with

This innovation allows exchange users to deduct Bitso wallet balances wherever Mastercard is accepted. Mexican Peso (MXN) will allow them to pay with The card can only be used by Mexican citizens who have gone through the KYC procedure.

Ripple’s Partner Cryptocurrency Exchange Bitso Collaborated with Mastercard to Issue a Debit Card

Bitso is one of Ripple’s most important partners in the region. As its representatives have stated before, the partnership with Ripple enables instant money transfers for millions of Mexican employees.

While it is not possible to say with certainty what impact the Bitso card launch will have on Ripple, it looks like a clear win-win situation for XRP.

To illustrate, the XRP volumes in all pairs on Bitso total $19.64 million, with a total exchange cap of $31.42 million.

Bitso, one of the largest cryptocurrency exchanges in Latin America, is expanding its services and offerings to include various financial solutions for its users.

The new debit card will provide a smoother and more convenient experience, allowing users to easily spend their crypto assets in the real world.

According to the company, the card will also come with a variety of other benefits, such as cashback rewards on purchases made with the card. Bitso also offers special promotions to users who sign up for the card, such as a free year of Spotify Premium and a discount on the annual membership fee.

The launch of the Bitso debit card marks an important milestone for the company, which continues to expand its reach and offerings in the crypto market.

With the addition of its Mastercard partnership, Bitso positions itself as a leading provider of cryptocurrency payment solutions in Mexico.

*Not investment advice.