London – Bleap has partnered with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial infrastructure more efficiently. After the launch of its non-custodial wallet in December with 1-click access to DeFi yields, no fees for buying and selling stablecoins, the card launch reinforces Bleap’s position as a go-to self-custodial payments app. The partnership allows cardholders to spend stablecoins through seamless crypto to fiat currency conversion at more than 150 million merchants accepting Mastercard worldwide.
Today, hundreds of billions in stablecoins and other real-world assets exist on-chain, yet most payment infrastructure still relies on centralised intermediaries and Banking-as-a-Service (BaaS) solutions, which typically don’t support self-custodial wallets. The new partnership between Bleap and Mastercard aims to more closely link on-chain assets with traditional payments, addressing a critical gap in blockchain finance.
Joao Alves, Co-Founder Bleap said “Bleap’s technology enables stablecoins to be spent directly onchain—without conversions or intermediaries—seamlessly integrating blockchain assets with Mastercard’s global payment rails. This innovation will allow millions of self-custodial wallets to connect effortlessly with traditional financial systems, without requiring further integrations.”
Scott Abrahams, executive vice president, Global Partnerships at Mastercard said “Digital currencies are a critical part of the global economy, so helping people and businesses embrace them by simplifying how they can be spent is essential. Our Web3 card program is helping partners like Bleap harness the power of stablecoins to unlock new levels of accessibility, allowing consumers to conveniently and securely spend their digital assets anywhere Mastercard is accepted.”
Bleap is redefining how people manage their money—giving them full control. With Bleap, users can pay with a debit card and earn up to 2% cashback, exchange currencies at real market rates, earn 5% on EUR and 11% on USD, and send money instantly and for free everywhere in the world. Built on stablecoins, Bleap ensures fast, low-cost, and borderless transactions while keeping users in full control of their funds.
Since launching its beta in December, Bleap has expanded its offerings with yield-generating vaults, trading, and exchange features, onboarded thousands of users who adhere to industry KYC processes, and processed over $5 million in transactions— generating $100,000 in savings.
The collaboration will first focus on launch across Europe and expand into Latin America where demand for alternative financial solutions is accelerating.
