Visa and Coinbase team up to create crypto-backed debit card

In another example the financial services industry converging fiat and digital currency, Visa today announced a debit card that will allow users to buy things using fiat money converted from cryptocurrency stored in online wallets.

The new Coinbase Card it is directly tied to the a person’s cryptocurrency balance in digital wallets managed by the eponymous digital currency exchange.

Coinbase enables the trading of Bitcoin, Ethereum, Ripple’s XRP and Litecoin, all of which will also be spendable through the new debit card.

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from Computerworld http://bit.ly/2v6vpGZ
http://bit.ly/2vCEWsg

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