MEXC has launched the Global Card, a virtual Visa card that allows users to spend USDT directly through Visa’s network infrastructure, complete with support for Apple Pay and Google Pay digital wallets. Operating separately from its APAC card and the ether.fi co-branded card, the product sets a maximum spending limit of 80,000 USDT per transaction and 1 million USDT per day - limits significantly higher than MEXC’s previous APAC card.
Access to retail payment channels remains subject to jurisdictional regulations, barring citizens of the United States, China, India, Indonesia, Turkey, and Russia from using MEXC’s new payment facility. For applicants outside these six countries, the exchange is waiving purchase fees until September 30, 2026. Spending fees starting at 1% will only apply after the promotional period ends, with the company guaranteeing zero card issuance fees, annual fees, or top-up charges.
Cashback Scheme via Activity Scores
The rebate program is the flagship feature of the exchange’s virtual spending card. Standard tier users receive 4% cashback capped at 100 USDT per month. The cashback rate rises to 6% for Premier tier users with a 300 USDT limit, while Elite tier holders earn 10% cashback with a maximum monthly cap of 800 USDT credited directly to their wallet balances.
A user’s reward tier is determined by their VVIP status and accumulated M-Score, calculated from trading volume, MEXC Earn usage, and completed platform tasks. For asset holders, MEXC Earn users can obtain an additional yield of up to 7% annually on subscribed USDT, with flexible withdrawals available at any time.
USDT and USDC Dominance in the Retail Market
MEXC’s product rollout coincides with expanding digital payment adoption across the global crypto ecosystem. In July 2026, monthly spending volume via crypto cards reached $759 million - a figure that surged 2.5-fold compared to the same period a year earlier.
This multi-million-dollar flow was driven by nearly 9 million transactions throughout July, up from 5.2 million transactions in the previous year, with an average ticket size of $86 per swipe. Among payment instruments, US dollar-pegged stablecoins remained the dominant force, with USDC and USDT accounting for 84% of total crypto card spending across the industry.
For users in supported regions, such facilities provide a direct path to physical and digital retail checkouts without manual cash conversions. However, for those residing in excluded jurisdictions, high-value crypto holdings must still be converted manually via traditional bank transfer routes.
Source: crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
