Visa and Coinbase have announced a new phase of collaboration aimed at integrating cryptocurrency payments into everyday purchases via debit cards. By connecting their Coinbase crypto wallets to their Visa cards, users will be able to make cryptocurrency payments anywhere in the world where Visa is accepted. The platform automatically converts digital assets into fiat money, ensuring convenience and instant transactions.
This integration is a significant step towards the mass adoption of cryptocurrencies as a means of payment, because previously their use was limited mainly to investing and trading. Given the popularity of Visa cards, this alliance can strengthen the credibility of cryptocurrency, as well as help expand its use in the financial sphere, making cryptocurrency more accessible to the general public.
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