all about cryptop referances
Crypto firm Blockchain.com has announced the launch of a new crypto-centric prepaid Visa card and so far 50,000 users have signed up for waitlist registration. In addition to launching its crypto Visa card powered by card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto every time they spend on the card.
Blockchain.com joins the likes of Crypto.com, Ripio, Bitso, Coinbase, Bitpay, Blockfi and FTX in announcing the launch of a new crypto-loadable prepaid Visa card. According to the announcement on Wednesday, Blockchain.com Visa users can “use from a crypto balance fee-free and offer the opportunity to earn crypto rewards.”
Also, 50,000 registered users have already signed up for the company’s new crypto payment card. “As one of the crypto industry’s oldest and most trusted platforms, we’re excited to roll out the natural next step in making crypto easy to use in the real world and accessible to as many people as possible,” Blockchain.com CEO Peter Smith said in a statement sent to Bitcoin.com News on Wednesday.
Smith added:
This is a good example of digital assets leaving their mark on the existing financial industry, as we shape the future of (mainstream) finance.
Blockchain.com’s Visa card announcement follows the firm’s multi-year partnership agreement with Dallas Cowboys quarterback Dak Prescott. The company previously inked a deal with the entire Dallas Cowboys team in mid-April, becoming the NFL team’s “exclusive digital asset partner.”
During the announcement on Wednesday, Cuy Sheffield, the head of Visa’s crypto unit, explained that the payments giant believes that if crypto adoption is to continue to increase, mainstream financial solutions such as cards will help bolster this effort.
“At Visa, we believe that for crypto adoption to grow, it is critical that it be easily accepted everywhere,” Sheffield said in a statement. “We are excited to partner with leading crypto wallets and exchanges like Blockchain.com to unlock more ways for consumers to use their crypto for everyday purchases.”
What do you think about Blockchain.com launching a crypto-centric prepaid Visa card? Let us know your thoughts on this topic in the comments section below.
Image credit: Shutterstock, Pixabay, Wiki Commons, Blockchain.com, Visa,
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