Crypto prepaid card news is full of announcements that never ship and closures that arrive with two weeks’ notice. We built this tracker for people who hold a card, or are about to pick one, and want to know what actually changed. Every dated entry below comes from an official notice, a network or regulator release, or a clearly identified published report. If we could not pin something down, we say so.
The page covers card launches and regional exits, issuer shutdowns, notable fee changes, and the network-level stablecoin moves from Visa and Mastercard that are reshaping how these cards work behind the scenes. For the safety lessons behind the closures, see our crypto card safety guide.
How we verify crypto card news
Card news has a rumour problem. Search results and social posts regularly claim launches in new countries that the provider’s own site does not mention. In our research for this site, for example, we found claims of Binance Card launches in several new regions that the official Binance card page did not confirm. It still lists Brazil only.
So our rule is simple. An item gets a date on this page only if we can tie it to a primary source: the provider’s help centre, blog or press release, a Visa or Mastercard announcement, or a regulator. Where the best source is a news report or an industry aggregator, we say “reported”. Where only the month is known, we give the month. Undated items appear in the analysis below, without a date.
Launches and closures tracker
Newest first. Green marks launches and expansions, red marks closures and cancellations, yellow marks pauses, reductions and fee changes, and blue marks infrastructure news.
- Reap and Visa announce stablecoin-linked credit card programmes in 100+ markets
Reap, already a Visa principal issuer in Hong Kong and Mexico, will power credit-style card programmes backed by stablecoins.
- Gnosis Pay winds down its direct consumer service
Gnosis Pay is pivoting to an enterprise platform and urged users to move to partner apps such as Rebind. The self-custody model means funds sit in users’ Safe accounts.
- Cypher platform shuts down
The final step of the wind-down that followed Cypher’s acquisition by Nium. Users could withdraw fee-free before this date.
- Crypto.com US prepaid inactivity fee rises to $5.95
The monthly inactivity fee after 12 months without activity rose from $4.95 to $5.95 on the US prepaid card.
- Cypher cancels all cards
All Cypher cards were cancelled at 00:00 UTC. Loading had already been disabled on 8 July 2026.
- Solflare card paused
The card was paused after its issuer Kulipa wound down. Funds stayed in users’ own wallets.
- Mastercard adds stablecoin settlement support
Supported stablecoins: USDC, PYUSD, USDG, USDP, RLUSD and SoFiUSD.
- MetaMask pauses Metal card orders in the US
The virtual MetaMask Card remains available. MetaMask also lists US and UK sign-ups as temporarily closed.
- OKX Card cashback starts on USDG purchases
Tiered cashback from 2% (capped at €10 a month) up to 10% for VIP4+. USDC-funded payments earn no cashback.
- Reap becomes a Visa principal issuer in Mexico
It already held that status in Hong Kong.
- MoonPay announces the MoonAgents Card
A virtual Mastercard debit card issued by Monavate, spending stablecoins from self-custody wallets. Live in the UK and Latin America; US and EU listed as coming soon.
- Visa and Bridge expand stablecoin-linked cards
Target of 100+ countries by end-2026, live in 18 at announcement. Settled via Lead Bank and used by MetaMask and Phantom.
- CEX.IO Card stops working
Announced 21 January 2026: card partner Quicko lost its authorisation after a decision by Poland’s KNF. The card cannot be ordered until a new programme is available.
- OKX Card launches across the EEA
Stablecoin Mastercard issued by Monavate, spending USDC and USDG with a 0.1% spread. EU plus Norway; Iceland and Liechtenstein excluded.
- Visa launches USDC settlement in the US
Initial banks Cross River Bank and Lead Bank settle in USDC over Solana. Visa reported more than $3.5B in annualised stablecoin settlement volume.
- Moon card cancellations reported
Users reported card cancellations, a dashboard outage and unresolved refunds. Reported via user reviews, not confirmed by Moon.
- Mastercard Crypto Credential reaches self-custody wallets
Extended with Mercuryo (KYC and alias issuance) and Polygon.
- Binance Card returns to Brazil
Relaunched with Mastercard after the 2023 pullback. Brazil remains the only supported country on the official page.
- Bybit Card launches across the EEA
Issued through Bybit EU, the group’s MiCA-licensed entity in Vienna. Reported to cover the EEA except Malta.
A few items are worth more context than a timeline line allows. The OKX Card is one of the clearest examples of a MiCA-era card: it spends only USDC and USDG, which fits EU rules on e-money tokens. The CEX.IO Card closure is a textbook partner failure. The exchange itself, running since 2013, continues as a place to buy crypto, but the card depended on a third-party programme that lost its authorisation. The Binance Card relaunch shows how regional these programmes have become, with one country where there were once dozens.
Some notable events have no reliable date. KuCoin launched its KuCard on Mastercard in Australia with Immersve, which holds an Australian financial services licence. The older European Visa KuCard was reported to have stopped at the end of 2025, but KuCoin has not confirmed that on its site. Coinbase launched the Coinbase One Card, an American Express credit card with bitcoin rewards, which is not a prepaid product. And SolCard cut off unverified virtual cards at a date we could not confirm. Our KuCard review and SolCard review track those stories.
Visa and Mastercard stablecoin moves
The biggest shift in 2025 and 2026 is happening where cardholders never look: settlement. When you pay with a crypto card, the issuer still settles with Visa or Mastercard. Traditionally that settlement was in fiat. Both networks now let some issuers settle in stablecoins instead, which makes it cheaper and faster to run stablecoin card programmes.
Visa. Visa launched USDC settlement in the US on 16 December 2025, with Cross River Bank and Lead Bank as the first banks settling over Solana. It added five more settlement blockchains in 2026. Visa says the change happens without any change to the consumer card experience, and that is the key point for readers. Stablecoin settlement is a back-end arrangement between issuers and the network. It does not by itself make a card “crypto-funded”. In March 2026, Visa and Stripe’s Bridge announced an expansion of stablecoin-linked cards to more than 100 countries by the end of 2026.
Mastercard. Mastercard added stablecoin settlement support for six stablecoins in June 2026. It also agreed to acquire BVNK, a stablecoin payments company, for up to $1.8B, and announced a partnership with Yellow Card for Eastern Europe, the Middle East and Africa in May 2026. Its Crypto Credential, launched in 2023 as a standard for verified blockchain interactions, was extended to self-custody wallets in November 2025.
The issuers in between. A handful of issuer-processors now sit behind many crypto cards. Rain is a principal member of both Visa and Mastercard and settles card volume in stablecoins; it powers ether.fi Cash and reportedly raised $250M in January 2026. Monavate issues the OKX Card, the MoonAgents card and Gnosis Pay cards, and is reported to have absorbed Baanx, the company behind the MetaMask Card outside the US. Reap issues Visa cards in Hong Kong and Mexico. If one of these issuers changes course, several brands can be affected at once. Our stablecoin cards guide explains what this means for fees.
Network stablecoin settlement is good news for card economics, but it changes nothing about your custody risk. We still see people assume that a card is safer because “Visa supports stablecoins now”. It is not. Your balance is exactly as safe as the provider holding it. Watch the issuer behind your card, not the network logo on it.
Regulation calendar
Several regulatory deadlines in 2025 and 2026 shaped which cards are available where. These are the dates that matter most for cardholders.
| Date | Where | What changed |
|---|---|---|
| 18 Jul 2025 | United States | GENIUS Act on payment stablecoins becomes law |
| 30 Dec 2025 | Germany | MiCA transitional period ends |
| 2 Feb 2026 | Brazil | Central bank rules for crypto service providers in force |
| 26 Mar 2026 | Canada | Stablecoin Act receives assent (Bill C-15) |
| 31 Mar 2026 | Australia | AUSTRAC renames crypto exchanges as VASPs |
| 8 Apr 2026 | Australia | Digital Assets Framework receives Royal Assent |
| 30 Jun 2026 | United Kingdom | FCA publishes final crypto rules |
| 1 Jul 2026 | European Union | Last MiCA grandfathering periods end |
| 30 Sep 2026 | United Kingdom | FCA authorisation gateway opens |
The European dates explain much of the card news above. Since 1 July 2026, every crypto-asset service provider serving EU retail customers needs a MiCA authorisation. That is why newer EU cards like OKX lean on regulated stablecoins, and why our Europe guide checks each provider’s licence. In Brazil, existing operators must apply for central bank authorisation within 270 days of 2 February 2026, which points to around the end of October 2026; see the Brazil guide.
What the pattern tells us
Read the tracker as a whole and three trends jump out.
Consolidation behind the scenes. Fewer issuers power more brands. That makes launches faster, because a new brand can plug into Rain, Monavate or Bridge. It also means one issuer’s decision can ripple across many cards, as the Kulipa wind-down did for Solflare.
Regulation is reshaping availability. MiCA in Europe, central bank rules in Brazil and licensing reforms in Australia and the UK are pushing providers to pick markets carefully. Cards are becoming more regional, not less. Binance runs one country. Coinbase Card now lists the US only. MetaMask has paused US and UK sign-ups.
Stablecoins are the default fuel. Nearly every new card in 2026, from OKX to MoonAgents, is built around stablecoins rather than volatile coins. That suits regulators and keeps tax calculations simpler for users; see our crypto card tax guide.
If your card is on this list
A closure notice is not a reason to panic, but it is a reason to act the same day. In every case we tracked, the users who came out best were the ones who moved quickly. Cypher disabled loading a month before it cancelled cards. BitPay gave two weeks between the last load and the last spend. Deadlines like these do not get extended for latecomers.
Start by reading the provider’s own notice, not social media summaries, and note every date it gives: last top-up, last spend, last withdrawal and platform shutdown. Withdraw your balance to a wallet or bank account you control before the first deadline. Cancel any subscriptions or recurring payments tied to the card, because they will fail once it stops working. Then download your full transaction history. You will need it for your tax return, and a closed platform may not keep it online.
If the card was self-custody, like the Solflare card or Gnosis Pay, your funds should still be in your wallet. Check that you still have your recovery details and can access the wallet without the card app. If the card was custodial or prefunded, follow the provider’s withdrawal steps and keep records of every request you make. Then pick a replacement from a different provider and issuer. Our reviews hub lists live cards by region.
Earlier closures for context
Two older closures still shape how people think about crypto cards. The BitPay Card, a US prepaid Mastercard issued by Metropolitan Commercial Bank, ended in June 2023 after the bank left crypto. The last load was 1 June and the last spend or ATM withdrawal 15 June 2023, and balances were refunded by cheque. A promised replacement never launched.
Later in 2023, Binance and Mastercard ended co-branded programmes in several markets, and Binance’s EEA Visa card ended in December 2023 when its issuing arrangement closed. The Brazil relaunch in 2025 is the only Binance card since. Coinbase Card, which once launched in the UK and several EU countries, is now listed for the US only.
What to watch next
A few dates are already on the calendar. The EU’s new anti-money-laundering regulation applies from 10 July 2027 and tightens the rules on anonymous e-money, including excluding cards that let you exchange stored value for crypto. The US GENIUS Act takes effect by 18 January 2027 at the latest. Australia’s digital asset platform licensing starts on 9 April 2027, and the UK’s full crypto regime starts on 25 October 2027. Canada expects its stablecoin regime to be in force in 2027.
Expect more regional launches built on stablecoin rails, and more consolidation among issuers. Expect some closures too. We will log them here as they are confirmed. For the cards that are live today, start at our reviews hub.
Frequently asked questions
Which crypto cards closed in 2026?
What new crypto cards launched recently?
What are Visa and Mastercard doing with stablecoins?
How do you verify crypto card news?
Sources and official pages
- Visa — USDC settlement launch in the United States (16 Dec 2025)
- Visa — Bridge stablecoin-linked cards expansion (3 Mar 2026)
- Mastercard — Stablecoin settlement expansion (June 2026)
- Mastercard — Agreement to acquire BVNK
- OKX Learn — OKX Card Europe explained
- CEX.IO Support — Important CEX.IO Card update
- MoonPay Newsroom — MoonAgents Card
- Gnosis Pay — The next era (7 Sep 2026)
Load your card with crypto you own
Buy Bitcoin, Ether or stablecoins with a bank card, Apple Pay or bank transfer, then move them to the card or wallet you choose.
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