Crypto Meets Card: SafePal & USDC Launch Wallet with Built-In Mastercard

SafePal, a cryptocurrency wallet provider, has announced a partnership with USDC, a stablecoin issued by Circle, to launch a limited edition hardware wallet in an exclusive campaign. The collaboration aims to enhance crypto security and facilitate seamless on/off-ramp capabilities for users to transition between Web2 and Web3 environments. The limited-edition X1 hardware wallet is co-branded with USDC and will be available in a limited quantity of 1,000 sets, with the campaign running from August 28 to December 31, 2025 [1].

To participate, users must complete a series of tasks within the SafePal app, including maintaining a USDC balance of at least 50 USDC on Arbitrum, registering for a SafePal Banking gateway account, and depositing 15 USDC with zero on-ramp fees. Upon completion, users will be able to redeem the limited-edition wallet by paying 10 USDC, which will be fully reimbursed after activation. The wallet will include a co-branded Mastercard linked to a crypto-friendly bank account and will offer the convenience of spending USDC at over 40 million merchants globally [1].

The SafePal Banking gateway is operated under the third-party Swiss fintech company Fiat24 Bank and SSR Saphirstein AG, both licensed and regulated by the Swiss Financial Market Supervisory Authority (FINMA). This integration enables users to deposit USDC into Swiss bank accounts and manage their digital assets with enhanced security and compliance. Additionally, the gateway allows users to convert USDC into fiat currencies such as CHF, EUR, USD, and RMB and transfer funds to platforms like Binance and Kraken [1].

The partnership also introduces a 10 USDC rebate for users who activate the X1 wallet and complete the campaign tasks. This rebate is distributed via the SafePal app's DApp section, with users able to claim the funds within 30 days of activation. The campaign is currently available in 44 countries and regions, with eligibility and shipping restrictions specified in the SafePal guidelines [1].

From a market perspective, SafePal's native token, SFP, has shown a mixed performance in recent months. As of the latest data, the token is priced at $0.45, with a market capitalization of $225.05 million. While the token has seen a modest increase in the last 24 hours, it has declined by 10.58% over the past month and 40.53% over the last year. Despite these fluctuations, SafePal continues to expand its user base, now serving over 25 million users across 200+ countries and offering solutions in 16 languages [2].

The integration of USDC into the SafePal ecosystem reflects a broader industry trend toward the adoption of stablecoins for enhanced transactional efficiency and financial accessibility. As digital asset usage grows, partnerships such as the one between SafePal and USDC are expected to play a critical role in bridging traditional finance with decentralized platforms, enabling users to leverage crypto assets in everyday transactions [1].

Source:

[1] Usdc-limited-edition-walletdrop|SFP|SafePal Crypto Wallet (https://www.safepal.com/es/blog/usdc-limited-edition-walletdrop)

[2] SafePal Price, SFP Price, Live Charts, and Marketcap (https://www.coinbase.com/price/safepal)