KuCoin Launches KuCard in Australia, Integrates with Mastercard Network

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KuCoin News: KuCoin has launched KuCard in Australia, enabling users to spend crypto at merchants worldwide that accept Mastercard. The service supports 37 USDC trading pairs, including BTC and ETH, with real-time fiat conversion at settlement. KuCoin Update: This follows its registration with AUSTRAC as a digital currency exchange and aims to enhance compliant crypto payments.

Odaily Planet Daily reports that KuCoin has launched KuCard in Australia, enabling users to spend their crypto assets at merchants worldwide that accept Mastercard, with payments supported via Apple Pay and Google Pay. The service initially supports 37 USDC trading pairs, including major digital assets such as BTC, ETH, and USDT, with real-time conversion to fiat currency at the point of settlement. KuCoin stated that this move represents a significant step toward delivering a compliant and transparent crypto payment experience, and is the latest advancement in its efforts to drive real-world adoption of crypto assets following its registration as a Digital Currency Exchange (DCE) with AUSTRAC.

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