Sui launches virtual Mastercard with xPortal and xMoney in Europe

Sui is partnering with xMoney and xPortal to launch a virtual Mastercard for European users, allowing them to spend crypto like cash.

Sui is expanding into everyday payments through a new partnership with financial platform xMoney and crypto super-app xPortal. Together, they are launching a virtual Mastercard that allows European users to spend crypto like cash.

The partnership introduces a full-stack payment solution: a custom Sui (SUI) wallet experience integrated into xPortal’s app, already used by 2.5 million people.

This includes a branded virtual Mastercard that users can add to Apple Pay or Google Pay and use across over 20,000 merchants. 

A physical card is expected later in 2025, according to a company note shared with crypto.news.

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

Self custody coupled with spending

By leveraging xPortal’s user-friendly interface and xMoney’s licensed infrastructure, the offering combines self-custody with seamless spending. 

It positions Sui among the few Layer 1 blockchains enabling real-world payments in a compliant way, starting in the EU.

Sergiu Biris, CEO of xPortal, emphasized Sui’s performance and community as key reasons for the integration, while Greg Siourounis of xMoney highlighted the platform’s goal of bridging crypto with traditional finance.

The company plans to expand in the U.S. and introduce more enterprise services, which will be announced at the upcoming Sui Basecamp event.