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FV Bank, in collaboration with Visa, has introduced debit and corporate cards that support cryptocurrencies. These innovative crypto cards will enable the use of digital assets for daily transactions alongside traditional fiat currency.
In partnership with Visa, FV Bank has rolled out new debit and corporate expense cards that come equipped with custodial services for the safekeeping of digital assets.
The newly launched cards permit customers in the U.S. and other regions to utilize both fiat currency and cryptocurrencies for their daily requirements. FV Bank’s Visa debit cards will enable users to:
- make online purchases;
- withdraw cash from ATMs globally;
- access funds from their linked FV Bank accounts in U.S. dollars instantly using NFC technology.
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Customers of FV Bank will have the ability to load their Visa cards with digital assets held in custodial services. This banking feature will facilitate the automatic conversion of USDC and USDT, along with BTC, ETH, MATIC, DOGE, and DOT into U.S. dollars, making the funds readily available for use.
Founded in 2018, FV Bank aims to merge conventional banking services with digital asset offerings. The bank is authorized by the Office of the Commissioner of Financial Institutions of Puerto Rico.
The increasing trend of crypto financial solutions was highlighted by Max Krupyshev, CEO of CryptoProcessing.com, during the Purpose Driven FinTech podcast. He mentioned that various studies indicate approximately one-third of all cryptocurrency users view digital assets as a payment method.
The interest in debit cards that incorporate digital assets into daily life is on the rise. Recently, the Avalanche Foundation introduced a Visa cryptocurrency card that supports wAVAX and the USDC stablecoin.
Сообщение FV Bank Issues Visa Debit and Corporate Expense Crypto Cards появились сначала на CoinsPaid Media.
