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KuCoin is expanding its presence in Australia by launching the crypto debit card KuCard and ensuring regulatory compliance. The card allows users to make payments using USDC through Mastercard's network, catering to the growing number of Australians holding digital assets.
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“Australians typically have been ahead of the curve when we start to talk about alternative investments,” Pinch said, a view buoyed up by recent research conducted by the exchange that found some 22% of Australians now hold digital assets. KuCoin’s Australia Market Report found that funding accessibility was a “defining theme” among Australian crypto users, with prospective customers seeking compliant, trustworthy platforms that minimize friction when on-and off-ramping to and from crypto. Figures suggest more than half use bank transfers to top up their crypto accounts, while just over 40% rely on credit and debit cards as an alternative, versus less than a third using digital wallets for funding and less than a quarter using P2P trading.
KuCard is a crypto-backed virtual debit card that allows users to make purchases using USDC anywhere Mastercard is accepted in Australia.
Recent research indicates that approximately 22% of Australians hold digital assets.
KuCoin registered as a digital currency exchange with AUSTRAC in November 2025, allowing it to operate under formal oversight in Australia.
KuCard enables seamless crypto transactions in everyday purchases, allowing users to spend digital assets securely and compliantly without needing to convert funds manually.

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To meet the needs of Australia’s growing crypto consumer base, KuCoin has been working on ways to make crypto more accessible for real-world use. KuCard, a new crypto-backed virtual debit card, enables users to complete crypto-backed purchases nationwide—anywhere Mastercard is accepted. The new feature also extends to Apple and Google Pay, catering to consumers who prefer making contactless payments on their smartphones. KuCard “aligns with payment habits that Australian users are already familiar with,” a spokesperson for the exchange said, offering a crypto-backed card payment experience within the card, tap-and-pay, and mobile wallet environments they “already know and trust, making it easier to use crypto beyond trading and investment.”
🦘 KuCard has officially LANDED in Australia! 🇦🇺
To celebrate, we’re giving away a share of 500 USDC! 💰
How to enter: 1️⃣ Follow @kucoincom 2️⃣ Like & RT this tweet 3️⃣ Tag 3 mates in 🇦🇺 4️⃣ Join the event & drop your screenshot below: 5️⃣ Complete Gleam:… pic.twitter.com/2wmPN4b6O1
— KuCoin (@kucoincom) April 24, 2026 Transactions can be completed using USDC—and from launch, 37 trading pairs involving the stablecoin are accepted. Digital assets are immediately switched to fiat currency for settlement, meaning crypto enthusiasts will no longer need to manually convert funds in advance. KuCard helps make crypto “truly usable in everyday life,” through enabling “the spending of digital assets at scale in a safe, secure, and compliant way,” Mastercard's senior vice president of digital commercialization, Christian Rau, said. KuCard helps connect digital assets to real commerce through a “familiar Mastercard payment experience,” Pinch said, noting that, “For everyday users, utility is the turning point.” He added that KuCard builds on KuCoin’s mission of “supporting broader adoption while reinforcing the importance of security, governance, and responsible innovation." Australia has become one of KuCoin’s key markets for global regulated markets and localization, Pinchsaid. They pointed to the KuCard launch as marking "continued progress" in building towards a comprehensive product ecosystem spanning trading, asset management, and payment experiences, while "laying the groundwork for more regulated products to be introduced in the market." KuCard’s launch in Australia is "not merely the rollout of a standalone payment product," the spokesperson added. Instead, it represents a "key step in KuCoin’s broader local strategy" by connecting users’ digital asset accounts with real-world spending scenarios and extending the product journey from "trading and holding" to "practical everyday use." Brought to you by KuCoin Learn More about partnering with Decrypt.