Mercuryo recently released Spend, a new Mastercard crypto debit card. This card is available now to Ledger Live users located in the European Economic Area (EEA). The card allows users to convert their cryptocurrency holdings into fiat currency for purchases at over 150 million merchants worldwide where Mastercard is accepted. According to Spend, the average monthly spending cap was up to €40,000. Mercuryo’s ambition is to be a first-mover and innovator in the fast-paced Web3 environment.

Spend easily connects with Ledger Live, the intuitive app for managing crypto assets and NFTs safely. This is the second service Mercuryo powers for Ledger Live users, complementing their available crypto purchase offerings. With Ledger Live, users have a simple, secure ecosystem to control their crypto and NFTs.

"We are delighted to launch Spend in Ledger, the preeminent non-custodial hardware wallet that has won a huge cult-like following among crypto enthusiasts, having made self-custody both accessible – and cool."

"We are happy to see Mercuryo join the family of card programs compatible with Ledger, directly available and securely manageable from within Ledger Live. This is the second service provided by Mercuryo to Ledger Live users, after crypto purchase services. Card programs that offer the ability to integrate directly with self-custody give users the best possible experience. The Spend card, paired with the power of Mastercard’s global payments network, will bring Ledger users more choice to spend their crypto." - Jean-Francois Rochet

Best-in-class user experience, spend control and dynamic limits were cited by Mercuryo as reasons Spend represents an ideal solution. She would be able to use the card seamlessly online and in stores. That conversion from crypto to fiat is paid directly from self-custody.

Ledger customers using Spend will enjoy the full suite of Mastercard’s consumer protections, from AML to KYC protocols.

The launch of the Spend card represents an “evolution of the Web3 space, as people increasingly demand solutions that allow them to use their digital assets for payments as easily and securely as traditional debit or credit cards.”