Tezos Foundation and Baanx Launch Crypto Debit Card for Payments
CryptoNewsTerminal Staff09 Jul, 2024
Tezos Foundation and Baanx Launch Crypto Debit Card for Payments
The Tezos Foundation has partnered with Mastercard partner and digital asset card issuer Baanx to launch a non-custodial crypto debit card. The card will run on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos smartrollup technology. This partnership aims to bridge the gap between digital assets and everyday spending, making it easier for users to utilize their cryptocurrencies for purchases. The card will allow users to spend their Tezos (XTZ) and other supported cryptocurrencies directly from their digital wallets. It offers a secure and convenient way to make payments at millions of Mastercard-accepting merchants worldwide. The Tezos Foundation believes this partnership will drive the adoption of cryptocurrency and blockchain technology, bringing it closer to mainstream use.
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