Singaporean fintech launches USDC-backed Visa card with Swiss bank Fiat24

Singaporean fintech company SafePal has invested in Swiss bank Fiat24 and jointly launched a crypto Visa card and in-app banking service with US Coin as the default deposit currency.

According to the March 7 announcement, the feature will be available on version 4.5.0 of the SafePal mobile wallet and is subject to approval by Apple's App Store and Google Play.

Once users create a USDC mobile wallet they can exchange cryptocurrencies on over 40 blockchains to their bank accounts and use fiat currency, such as US dollars, euros or Swiss Francs, for transactions. Translation and costs.

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