MEXC has officially launched its Visa-linked Global Card offering eligible users up to 10% cashback in USDT as monthly crypto card spending reached $759 million in July 2026, approximately 2.5 times its level a year earlier. According to MEXC's August 31 announcement shared with crypto.news, the card is a virtual Visa Platinum card that lets eligible users spend USDT through the card network while supporting Apple Pay and Google Pay for mobile payments. The exchange is waiving transaction fees from launch through September 30, 2026 and charges no issuance, annual, or top-up fees. The card is intended for routine payments and carries no annual fee or top-up levy, with transactions settling using Visa's exchange rates with no additional markup from MEXC, giving users greater transparency over payment costs.
MEXC is offering a separate flexible savings product through MEXC Earn for cardholders, allowing users to earn up to 7% annualized returns on subscribed USDT without a lock-up period. The 7% rate applies to USDT subscribed to the Earn product rather than automatically applying to money available for card purchases. For larger payments, MEXC has set the maximum purchase at 80,000 USDT per transaction and the daily spending limit at 1 million USDT. The card is funded with USDT held on the exchange and sits alongside the company's original APAC card and co-branded card with ether.fi. Additionally, MEXC offers an invite program that provides both referrers and referees with USDT rewards, subject to certain conditions. Together, these mechanisms cover both spending and idle-asset scenarios, helping users improve capital efficiency across payments and asset management.
The card features a tiered cashback program paying rewards in USDT based on user VVIP status and M-Score. Users receive 4% to 10% cashback with monthly rewards capped at up to 800 USDT. After their cards are issued and activated, users can activate the MEXC VVIP Standard tier to enjoy a base cashback rate of 4%. They can further increase their M-Score through Earn products, trading, and platform tasks to unlock higher cashback rates. At the highest Elite level, users can receive 10% cashback up to 800 USDT per month. MEXC's rewards documentation states that a user's rate is determined by their VVIP level on the final day of each calendar month, with cashback distributed to the user's spot account on the 15th of the following month. To participate in the MEXC Global Card cashback program, users must register with MEXC and complete Advanced KYC including identity verification and proof of address.
MEXC has launched a branded merchandise contest offering $100 USDT prize pool to engage existing users and attract new participants. According to the latest announcement, participants are invited to watch a video featuring branded merchandise items and count the number of MEXC merchandise items shown. Five winners will be selected to share a total reward of 100 USDT, with users required to submit their answers along with their UID. The contest represents MEXC's effort to enhance user engagement beyond traditional trading and card usage, offering additional opportunities for users to earn rewards while promoting brand awareness. For new users, registration is available through the official sign-up link, with specific contest rules and eligibility criteria yet to be detailed.
MEXC's launch arrives as payment activity through crypto-linked cards has experienced explosive growth in 2026. According to Paymentscan data, actual crypto card spending reached approximately $759 million in July 2026, compared with $306 million one year earlier. The average ticket size has risen significantly to $86 from $59, indicating increased adoption of crypto-backed payments. Stablecoins account for most of this activity, with USDT accounting for about 26% of all stablecoin-backed card spending, as reported by a16zcrypto. This growth trajectory supports MEXC's strategic vision to make crypto-based transactions routine for users.
