A cryptocurrency card signed by VISA and Coinbase
A partnership between VISA and Coinbase promises to create the first cryptocurrency debit card. Miguel Gomez (Cryptovest) explains that the card would also allow for ATM withdrawals, bypassing the complicated crypto-to-fiat withdrawal process offered by exchanges that many times takes over 24 hours to complete. “Customers can use their card in millions of locations around the world, making payments through contactless chip and PIN. When customers use their Coinbase Card, we instantly convert crypto to fiat currency,” wrote Coinbase UK CEO Zeeshan Feroze in a Medium post.