According to The Block, Bleap, a blockchain bank account platform founded by former Revolut employees, has signed a strategic partnership with payment giant Mastercard. This collaboration will enable Bleap to leverage Mastercard's resources and global network, thereby accelerating its international expansion. The company stated that it will initially focus on the European market, followed by an entry into the Latin American market.

Bleap is built on the Ethereum Layer 2 network Arbitrum, supporting fast, gas-free transactions, and utilizing PortalHQ's multi-party computation technology to replace traditional seed phrases with cloud storage and social login. After creating a Bleap account, users can deploy a smart wallet supported by account abstraction (ERC-4337), add stablecoins from external wallets, and purchase cryptocurrencies using fiat currency through Bleap's free crypto deposit and withdrawal service.