Sui Launches Virtual Crypto Mastercard in Europe

Sui, xPortal, and xMoney launch a virtual Mastercard in Europe, letting users spend crypto like cash at over 20,000 merchants.

Sui, a high-performance Layer 1 blockchain designed for real-world applications, is taking a bold step toward mainstream crypto adoption through a new strategic partnership with fintech pioneers xMoney and xPortal. This collaboration introduces a branded virtual Mastercard that enables users across Europe to spend their crypto assets just like traditional fiat — instantly, securely, and across a vast retail network.

At the core of this innovation is a full-stack payment solution: a native Sui wallet embedded within xPortal, a feature-rich crypto super-app already trusted by more than 2.5 million users. This wallet seamlessly connects with a virtual Mastercard, which can be added to Apple Pay and Google Pay, allowing crypto payments at over 20,000 merchants across Europe.

A physical card is also in development and is expected to launch in late 2025, further expanding the utility of this new payment ecosystem.

“This powerful new product is a significant step towards making the Sui ecosystem more accessible to everyday consumers,” said Christian Thompson, Managing Director at the Sui Foundation.

Marrying Self-Custody with Real-World Utility

This integration is more than just a virtual card — it’s a reimagination of crypto usability. By leveraging xPortal’s intuitive interface and xMoney’s licensed financial infrastructure, users benefit from true self-custody without sacrificing convenience or compliance. This is particularly significant in the European Union, where regulatory clarity allows for scalable, regulated payment solutions.

Unlike traditional crypto debit cards that require preloading or third-party custodianship, this solution keeps user funds under their control while enabling real-time, compliant crypto spending.

Sergiu Biris, CEO of xPortal, praised Sui’s technical architecture and growing ecosystem as key drivers for the collaboration, noting its unmatched throughput and developer-first approach.

Greg Siourounis, head of xMoney, emphasized the long-term vision of bridging the gap between decentralized finance and traditional financial services — starting with Europe, and eventually expanding globally.

Conclusion

This partnership is only the beginning. Plans are underway to expand services to the U.S. market, offering broader access to this next-generation payment tool. Additionally, enterprise-level integrations and new business features will be revealed at the highly anticipated Sui Basecamp 2025 event.

With this move, Sui becomes one of the first Layer 1 blockchains to enable compliant, real-world crypto spending at scale. The launch of the virtual Mastercard marks a major milestone in crypto’s evolution from speculative asset to practical payment method — and it signals a future where digital assets are a natural part of everyday financial life.

Stay tuned as Sui Blockchain continues to redefine what’s possible in Web3 finance.

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