Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the card and spent anywhere Mastercard debit is accepted.
Card holders can also withdraw U.S. dollars from #ATMs and make online purchases. BitPay CEO Stephen Pair told Cointelegraph that the BitPay Card is specifically targeted at crypto holders, serving as a tool to provide a convenient way to access spending power.
Like traditional prepaid cards that function without bank accounts, the BitPay mobile app allows card holders to reload their balances, view transaction history and manage their card settings. The BitPay Card supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), XRP and stable coins including USDC (USDC), GUSD, PAX and BUSD.
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BitPay's Prepaid Mastercard Launches in US to Make Crypto Accessible
Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. The BitPay Card enables customers to convert their cryptocurrency into fiat, which can then be loaded onto the card and spent anywhere Mastercard debit is accepted. Card holders can also withdraw U.S.
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