As stablecoin payments gradually enter daily consumption scenarios, the connection between crypto assets and traditional payment systems is becoming increasingly direct.

Today, on-chain assets are not only used for investment and transfers but are also being utilized in a wider range of consumption scenarios—from e-commerce shopping and lifestyle services to social platform payments and the rapidly growing AI tool subscriptions (such as OpenAI, Claude, Midjourney, etc.). The boundaries of their use are continuously expanding.

In the past, users often had to go through steps like withdrawing, transferring, and switching between accounts to spend in these scenarios. However, as payment networks like Visa and Mastercard continue to integrate with the crypto ecosystem, on-chain assets can now be used for direct payment within the existing system, further simplifying the usage process.

Against this backdrop, BitMart has launched its Wallet Prepaid Card feature. Users can top up the card with stablecoins and spend at merchants worldwide without needing to transfer funds to a bank account, allowing on-chain assets to integrate more naturally into everyday use.

Covering Online and Offline, Multi-Scenario Spending + AI Subscriptions

The BitMart Wallet Prepaid Card supports over 2 million Mastercard/Visa merchants globally, covering a wide range of spending scenarios. After completing basic verification, users can directly top up their prepaid card balance with stablecoins from their wallet for subsequent spending. The system automatically handles fiat settlement during payment, making the overall user experience similar to a regular bank card and the operation more straightforward.

The prepaid card supports both online and offline use. Users can swipe the card at offline merchants via the Visa/Mastercard network or bind it to common payment tools like Alipay, PayPal, Apple Pay, and Google Pay.

For online scenarios, the prepaid card can be used on e-commerce platforms like Taobao, Pinduoduo, Amazon, and Walmart, as well as lifestyle service platforms like Meituan. It also supports subscriptions and digital services on social platforms like Douyin/TikTok, X (Twitter), Facebook, and Telegram.

Embedding Payment Capability Within the Wallet, Not Outside It

In traditional structures, the wallet is responsible for asset management, while payment capability exists outside the wallet. Users need to switch between different systems to complete the entire process from "holding assets" to "actual spending." While this separation is functional, it is not efficient in practice.

The design concept of the prepaid card is to embed payment capability directly into the wallet system. Users do not need to create a separate account or transfer assets; they only need to complete the card issuance and top-up operations within the wallet to obtain a balance available for spending. Different types of wallets (including mnemonic wallets, smart contract wallets, etc.) can use this feature. The card is bound to the wallet address and is used together with the wallet.

This structure does not introduce a new asset system but adds a layer of "spendable capability" on top of the existing foundation. After users change devices or reimport their wallet, the card can still be used normally, maintaining consistent logic. Compared to adding a new tool, this approach feels more like an extension of the existing experience.

In terms of fees and usage, it remains simple and transparent: 0 top-up fee, 0 annual fee, and 0 cross-border transaction fee for physical cards.

Virtual and Physical Cards in Parallel to Meet Different User Needs

In terms of product form, the prepaid card comes in two types: virtual card and physical card. The virtual card is primarily for online scenarios. It is ready to use immediately upon issuance and is suitable for e-commerce shopping, subscription services, and various digital payment needs. For users who frequently need to bind payment tools, this form is lighter and more flexible.

The physical card, on the other hand, further covers offline consumption scenarios. Users can make payments at merchants that support card swiping and perform cash withdrawals at supported ATMs, offering an overall experience closer to a traditional bank card. Compared to the virtual card, the physical card has a broader scope of use, suitable for users who need offline payment capabilities.

These two card types cater to different usage habits and scenarios, respectively meeting online and offline payment needs, providing users with more flexible choices in diverse consumption environments.

For many users, the significance of such a product is not just adding another payment tool, but bringing on-chain assets one step closer to daily spending.

About BitMart

BitMart is a leading global digital asset trading platform with over 13 million users worldwide. Consistently ranked at the top on CoinGecko, BitMart offers over 1,700 trading pairs with competitive fees. BitMart is committed to continuous innovation and financial inclusion, dedicated to providing a seamless trading experience for users around the world. To learn more about BitMart, please visit the Website, follow X (Twitter), or join Telegram for updates, news, and promotions. Download the BitMart App to trade anytime, anywhere.

Risk Disclaimer:

Using BitMart services is at your own risk. All cryptocurrency investments, including financial products, are highly speculative and involve a significant risk of loss. Past, hypothetical, or simulated performance does not necessarily guarantee future results.

The information above is for reference only and should not be considered as advice to buy, sell, or hold any financial asset. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of such information.

All cryptocurrency investments (including financial products) are inherently highly speculative and carry a significant risk of substantial loss. Past performance, hypothetical results, or simulated data are not necessarily indicative of future results. The value of digital currencies may rise or fall, and buying, selling, holding, or trading digital currencies may involve significant risks. Before engaging in transactions or holding digital currencies, you should carefully assess whether such investments are suitable for you based on your investment objectives, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.