Ex-Revolut Team Partners with Mastercard to Revolutionize Stablecoin Adoption
Introducing Bleap, an innovative financial platform launched by former Revolut executives Joao Alves and Guilherme Gomes. Since its beta launch in December, Bleap provides users with simplified access to DeFi yields, multi-currency accounts, and trading features, all while maintaining zero fees for buying or selling stablecoins. With a debit card that offers 2% cashback, Bleap is revolutionizing the way consumers interact with digital currencies.
Key Features of Bleap
In just four months of operation, Bleap has successfully processed over $5 million in transactions. Here are some of the standout features that set Bleap apart:
- Multi-Currency Accounts: Manage multiple currencies with ease.
- DeFi Yields: Access lucrative decentralized finance opportunities.
- Zero Fees: No charges for buying or selling stablecoins.
- Cashback Debit Card: Earn 2% cashback on purchases.
Partnership with Mastercard
Bleap’s partnership with Mastercard allows cardholders to spend stablecoins through seamless crypto-to-fiat currency conversions at over 150 million merchants worldwide. Joao Alves emphasizes the significance of this collaboration, stating:
“Bleap’s technology enables stablecoins to be spent directly on-chain — without conversions or intermediaries — seamlessly integrating blockchain assets with Mastercard’s global payment rails. This innovation will allow millions of self-custodial wallets to connect effortlessly with traditional financial systems, without requiring further integrations.”
Future Expansion Plans
Initially, the partnership will focus on launching services across Europe, with plans to expand into Latin America, where there is a growing demand for alternative financial solutions. Scott Abrahams, Executive Vice President of Global Partnerships at Mastercard, adds:
“Digital currencies are a critical part of the global economy, so helping people and businesses embrace them by simplifying how they can be spent is essential. Our Web3 card program is helping partners like Bleap harness the power of stablecoins to unlock new levels of accessibility, allowing consumers to conveniently and securely spend their digital assets anywhere Mastercard is accepted.”
With its innovative offerings and strong partnerships, Bleap is poised to transform the landscape of digital finance. For more information about Bleap and its services, visit their official website.
