Key Takeaways
- Kraken is launching Bitcoin debit cards in Europe and the UK with Mastercard.
- Over 200,000 Kraken users have activated payment features since January 2025.
- The card rollout supports Bitcoin and stablecoin spending directly from Kraken accounts.
Kraken announced on April 8 that it will issue crypto debit cards in partnership with Mastercard, allowing users across the United Kingdom and European Union to spend Bitcoin and stablecoins for everyday purchases.
The rollout is expected in the coming weeks, with a waitlist now open.
Payment infrastructure expansion
The debit card will let users pay directly from their Kraken accounts, expanding the platform’s payment infrastructure.
This launch comes as Kraken continues seeking regulatory approval under the EU’s Markets in Crypto-Assets Regulation (MiCA).
Features of the new card
The new card builds on Kraken Pay, a service introduced in January 2025 that enables users to send over 300 crypto assets globally.
Kraken Pay also supports “paylink” transactions through shareable URLs.
Since its launch, more than 200,000 of Kraken’s 15 million users have activated Kraktag, a personalized payment identifier that allows users to receive funds without revealing their full bank details.
Vision for seamless payments
Kraken co-CEO David Ripley said:
Our clients want to be able to seamlessly pay for real-world goods and services with their crypto or stablecoins. Partnering with Mastercard is a major step toward us bringing that vision to life.
Commitment to digital payments
Mastercard executive Scott Abrahams said the partnership underscores the company’s commitment to expanding digital payments.
Mastercard has previously collaborated with platforms like MetaMask and Mercuryo to broaden its involvement in Bitcoin and digital asset payments.
