Ripio Reportedly Teams Up with Visa for DeFi Credit Card Launch
CryptoNewsTerminal Staff13 Sep, 2024
Ripio Reportedly Teams Up with Visa for DeFi Credit Card Launch
Ripio, a cryptocurrency exchange in Latin America, is reportedly collaborating with Visa to introduce a decentralized finance (DeFi) credit card. This card will allow users to spend a portion of their crypto assets that are held in a DeFi liquidity pool. The card is linked to a blockchain and will support a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), and Ripio's own dollar-pegged stablecoin (RPD). Interested individuals can join a waiting list to apply for the card, which is currently in its testing phase. The partnership between Ripio and Visa aims to bridge the gap between traditional financial services and the rapidly growing world of decentralized finance. This move aligns with the increasing adoption and integration of cryptocurrencies into mainstream financial systems.
