KuCoin Brings Cryptocurrency Payments to Millions of Australian Merchants
KuCoin has launched KuCard on Mastercard's global network in Australia, allowing users to make everyday purchases using cryptocurrency. This move enables seamless crypto payments at millions of Mastercard merchants across the country.
The integration with Immersve, a principal member of the Mastercard network, allows USDC to be used for real-time spending at the point of sale. At launch, 37 USDC trading pairs are supported, allowing eligible users to pay with digital assets.
KuCoin's CEO, BC Wong, said, 'Making digital assets useful in the real world requires trusted infrastructure.' The company continues to invest in resilient infrastructure for users and partners, focused on reinforcing confidence in the digital-asset ecosystem through security and accountability initiatives.