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FTX successfully introduced a Visa debit card in the US earlier this year and will now be focussing the rollout on South America, Europe, and Asia. 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class="hfeed site" id="page"> Home Facebook-f Twitter Youtube Search Close The following posts are written by contributors and do not necessarily represent the views of ZitoBox. $4.5m Of These Rewards Have Already Been Paid $4.5m Already Paid Start With $10 Free - Coupon Code: TV PLAY NOW PLAY NOW PLAY NOW PLAY NOW The following posts are written by contributors and do not necessarily represent the views of ZitoBox. October 13, 2022 FTX Partners With Visa For Crypto Debit Card, Uniglo.io Deflationary Tokenomics Would Make Suitable Payment Token Bahamas-based cryptocurrency exchange FTX announced it would be teaming up with Visa to roll out crypto debit cards across 40 new countries. FTX successfully introduced a Visa debit card in the US earlier this year and will now be focussing the rollout on South America, Europe, and Asia. These debit cards enable the owner to pay for goods and services just like a card linked to a bank account, except payments will be taken in cryptocurrency. As Visa operates with 80 million merchants globally, this will prove to be beneficial for both parties.
This collaboration shows that big names in banking are beginning to seriously acknowledge the rate at which cryptocurrency is being adopted. Visa stated it believes digital currencies will have a “lasting impact on the future of financial services and money movement.” FTX said the partnership further expands the “connection between digital assets and the global financial ecosystem.” Surely, we can expect to see further alliances being drawn up very soon in the future. FTX has much in the pipeline, including hosting Crypto Bahamas in April 2023.
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