Mercuryo Wins “Best Crypto On-Ramp & Payments Solution” at the Cryptonomist Awards 2025

A Landmark Year of Growth, Product Innovation, Global Partnerships

The year 2025 was a breakout one for Mercuryo, defined by scale, execution, and the steady push to make cryptocurrency on-ramps and off-ramps feel faster, simpler and more familiar for users around the world. As the industry continued shifting toward real-world utility, Mercuryo expanded the infrastructure layer that helps wallets, exchanges, and Web3 apps onboard users and transact confidently across markets.

Scaling simple, secure on and off-ramp infrastructure worldwide

Mercuryo strengthened its role as a unified infrastructure provider, expanding on-ramp, off-ramp, and payment rails to help partners increase onboarding success, improve conversion, and build user trust.

That end-to-end approach combined localized payment options, seamless fiat-to-crypto flows, and advanced compliance and fraud-prevention systems, enabling partners to serve users across diverse regulatory and payment environments. Over the year, Mercuryo continued to deepen its footprint across exchanges, wallets, DeFi apps, and fintechs, powering payments for 500-plus global partners.

Expanding Mastercard Crypto Credential to self-custody wallets

A defining milestones in 2025 is helping expand Crypto Credential to self-custody wallets, in collaboration with Mastercard and Polygon Labs. The initiative introduced verified, alias-based identifiers designed to replace long wallet addresses, so users can receive digital assets using familiar usernames. Mercuryo’s role includes onboarding users, conducting verification, and issuing aliases, with an option for users to request a Soul Bound Token on Polygon to signal verified status and enable compliance checks. This partnership marked a meaningful step toward making Web3 interactions feel as intuitive as traditional finance, while preserving the autonomy of self-custody.

Delivering On-Ramps in Wallet in Telegram

Mercuryo’s integration of its on-ramp services into Wallet in Telegram marked a meaningful milestone in extending crypto payments to a mass-market audience. By enabling fiat-to-crypto access to a leading custodial wallet within one of the world’s most widely used messaging platforms, Mercuryo helped turn a familiar daily environment into a practical entry point for buying and using digital assets.

Through Wallet in Telegram, users can obtain access to bitcoin, Toncoin, stablecoins, and Jettons, and fund their wallets using a range of fiat currencies via Mercuryo’s infrastructure. Built on the TON blockchain, the experience combines scale, simplicity, and performance, reflecting Mercuryo’s broader focus on reducing friction and expanding real-world access to digital payments.

Spend in Ledger Live

In a notable milestone, Mercuryo integrated Spend, a Mastercard crypto debit card, into Ledger Live, ‘the best companion app’ to securely manage crypto and NFTs. Ledger users can now use the Spend debit card to make secure, seamless purchases where Mastercard is accepted, using the card for crypto-to-fiat conversion, which can be funded directly from self-custody with their Ledger device.  

The Spend card, which can be opened instantly and fee-free through Ledger Live, provides Ledger’s 7 million-plus users with the ability to use their crypto to pay for everyday purchases in fiat currency across the approximately 150 million merchant locations in the Mastercard network, in store and online. 

Accelerating stablecoin adoption across Web3

Stablecoins continued to move from crypto-native tools to everyday financial rails in 2025, and Mercuryo invested heavily in making stablecoin access cheaper, smoother, and more widely available across leading platforms.

Throughout the year, Mercuryo expanded stablecoin access for retail users through USDC partnerships and campaigns across major wallets and networks. This included collaboration with Coinbase to reduce USDC on Base on-ramp fees for MetaMask users, improving affordability amid growing mainstream adoption.

Mercuryo also integrated with Bitget Wallet, launching a USDC discount campaign alongside the activation of Mercuryo’s on-ramp capabilities within the wallet. Beyond that, the company also worked with LOBSTR to introduce a USDC cashback program on the Stellar network and continued its collaboration with Ledger, enabling millions of self-custodial users to purchase digital assets directly within the hardware wallet interface. 

Together, these initiatives reinforced Mercuryo’s role in strengthening the stablecoin economy, supporting cost-efficient, accessible, and chain-agnostic payment options across the Web3 ecosystem.

Research-driven insights on wallet adoption

Beyond shipping products and scaling integrations, Mercuryo also invested in understanding how real users engage with crypto at scale. In partnership with Web3 research firm Protocol Theory, Mercuryo conducted a nationwide study examining how Americans use crypto wallets.

The research revealed that approximately 12% of Americans use a crypto wallet daily, that higher-income individuals are significantly more likely to be regular users, and that concerns around complexity, lack of education, and fear of irreversible loss remain major barriers to broader adoption.

These insights continue to inform Mercuryo’s product development, integration priorities, and policy engagement as it works to support more accessible and intuitive pathways into the digital asset economy.

Achieving growing global recognition

“Mercuryo has once again achieved impressive growth this year with high-profile partnership wins, including Ledger and Mastercard,” said Petr Kozyakov, Co-Founder and CEO at Mercuryo. “A high-level User Experience (UX) and delivering a robust platform experience are vital components in Web3’s inexorable path towards mass adoption. In 2025, we’ve maintained the highest standards of excellence in these areas with a flurry of partnership wins.” 

Looking ahead

As the digital assets industry continues its shift toward real-world payments and everyday usability, Mercuryo’s trajectory points to a clear theme: infrastructure matters.

Through compliant rails, better user experience, deeper stablecoin utility, and strategic partnerships, Mercuryo is helping make crypto feel less like a technical leap and more like a familiar financial behavior, laying the groundwork for the next phase of global digital payments.

Today, Mercuryo supports users in 148 countries, serves more than 12.5 million registered users (including 1.3 million green-KYC wallets), and operates with a global team of 300-plus employees across 30+ countries. With a customer satisfaction rating of 80 in 2024, the company continued to reinforce what matters most at scale: reliability, trust, and a user experience that doesn’t feel like “crypto.”

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About Mercuryo
Mercuryo is a leading payment infrastructure platform in the digital token space. Standing out in the decentralized ecosystem by enhancing payment use case growth and on-chain integration, Mercuryo’s intuitive and robust solutions are powering the next generation of Web3 payment services. Mercuryo’s innovative payment products such as Spend bridge the gap between TradFi, Web2 and Web3. Mercuryo is the proud partner of leading pillars in the digital token economy such as Ledger, MetaMask, Trust Wallet and Revolut. Driven by an evolving product suite, Mercuryo is expanding further and continuing to innovate with a diversified stack of payment services.

Learn more at: https://mercuryo.io/