Avalanche introduces Visa crypto card for seamless global spending
The Avalanche Foundation, in partnership with Rain, launched the Avalanche card.
The card is a physical and digital payment card which allows users to spend cryptocurrency wherever Visa is accepted, according to a press release shared with Crypto.News.
The avalanche card supports USD Coin (USDC), Tether (USDT), Avax wrapped and Avax (Avax), aimed at simplifying cryptocurrency payments for daily purchases. The new offer removes the need for complex conversions by allowing direct expenses, making it a practical alternative to users in regions with a limited banking infrastructure.
According to John Wu, president of Ava Labs, the initiative consists in making cryptocurrency “as familiar as sliding a credit card”.
Visa and crypto
Last November, crypto.com spear Its visa payment card program in Latin America, expanding its reward card linked to cryptocurrency to the region.
The card allows users to preload funds using cryptocurrency portfolios or fiduciary currency via the crypto.com application. It offers awards on seven levels, including up to 8% money backing, service discounts and access to the airport show.
Likewise, using the Visa network, the Avalanche card offers a secure and accessible payment option, strengthening the wider avalanche commitment to the accessibility of decentralized finances.
With an initial deployment in Southeast Asia, Africa and Latin America, the Avalanche card is positioned to stimulate the dominant adoption of digital assets.
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