Binance is working on a crypto Visa debit card

According to the Block, Binance is working towards launching a crypto Visa debit card. According to a new website, GetBinanceCard.com, Binance will allow users to load cryptocurrencies into their Binance card wallet and spend them at any VISA merchants worldwide.

Why it matters:

• The initiative will open crypto debit card payments to Binance’s 15+ million user base, providing a boost to cryptocurrency payment use cases.
• Coinbase launched their crypto visa debit card offering for their UK and EU customers last year. The Coinbase card currently serves customers in over 29 european countries.

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