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Over a decade after the creation of private key controlled currency or digital currency, a number of fiat-backed digital currencies now exist. In order to gain passage, they promised a lot of features and as well as payment reforms. They certainly got the attention of banks and financial institutions like Visa, Master Card and PayPal who now issue crypto debit card. These companies could be bolting to see who gets to rule crypto debit card.
With at least $10 billion worth of cryptocurrency in circulation, financial transactions are shifting. Business owners consider the use of crypto debit cards very efficient and blockchain technology also offer protected transactions.
Top Crypto Debit Card Issuers
Visa
Visa is currently cooperating with licensed digital currency services to correlate its existing network with digital currencies. At least 25 digital currency wallets have been linked to Visa es and this enables investors to easily spend their digital currency.
Master
Companies running digital currency services are making deals to be able to issue Mastercard payment cards easily. One of such deals is the one with Wirex.
Binance (Bitcoin Card)
Crypto debit cards have also given cryptocurrencies like Bitcoin new functions. Bitcoin announced its crypto card, Binance which will be in use in Europe in the next few months.
Crypto debit cards that can be used globally are limited to services like Visa, Binance and Paypal are only available in certain regions.
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