MEXC launches Visa crypto card with USDT cashback and Apple Pay support

MEXC has launched a Visa-linked Global Card offering eligible users up to 10% cashback in USDT as monthly crypto card spending reached $759 million in July, roughly 2.5 times its level a year earlier. Summary MEXC has launched its Global Card with USDT spending through Visa, Apple Pay, and Google Pay. The card offers 4% to 10% cashback, with monthly rewards capped at up to 800 USDT. Purchase fees are waived through Sept. 30 before a rate starting at 1% takes effect. A separate MEXC Earn product offers cardholders up to 7% annualized returns on subscribed USDT. U.S. residents cannot apply for the card under MEXC’s current regional restrictions. According to MEXC’s Aug. 31 announcement shared with crypto.news, the Global Card is a virtual Visa card that lets eligible users spend USDT through the card network while supporting Apple Pay and Google Pay for mobile payments. The exchange is waiving purchase fees from launch through Sept. 30 and charges no issuance, annual, or top-up fees. Once the promotion ends, purchase fees will start at 1%, according to MEXC’s published fee information. Transactions use Visa’s exchange rates, while MEXC said it does not apply an additional exchange-ra...