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USDT Cashback Card Offers Attractive Rewards, But EU Regulation Bars Interest

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A new USDT cashback card was announced by MEXC on August 31, 2026, offering up to 10% cashback in USDT on every purchase and up to 7% interest per year on the balance kept available for the card.

The card's terms include no issuance fee, annual fee, or top-up fee until September 30, 2026, with a rate of 1% after that.

However, this offer is not allowed in the European Union due to Article 50 of MiCAR, which prohibits licensed providers from paying interest on e-money tokens, including USDT.

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