Exciting News for Crypto Users: Visa Partners with Transac for Crypto Withdrawals
Visa, a global payments giant, is making a significant move towards cryptocurrency adoption by collaborating with Transac to introduce a new method for exchanging crypto for fiat. This partnership will allow you to easily convert your crypto holdings to fiat directly on your Visa debit card in 145 countries. Here are the key points of this development:
– Visa partners with Transac for crypto withdrawals on Visa debit cards in 145 countries
– Metamask users can convert crypto to fiat directly
– Options to convert at least 40 cryptocurrencies without centralized exchanges
– Supported countries include Cyprus, Malta, Singapore, and the UAE
This integration will provide enhanced accessibility and convenience for users of decentralized platforms like Metamask, Trust Wallet, and Ledger. Visa’s previous partnerships, such as with Circle for USDC stablecoin support, showcase their dedication to exploring various cryptocurrency use cases. Stay updated with the latest crypto news by subscribing to the official CoinTelegraph YouTube channel.
Hot Take: Visa Expands Crypto Adoption with Transac Partnership
Visa’s collaboration with Transac to enable crypto withdrawals on Visa debit cards in numerous countries is a game-changer for the crypto community. This move not only increases the options for converting cryptocurrencies without centralized exchanges but also demonstrates Visa’s commitment to making crypto more accessible to users worldwide. With this partnership, you can now effortlessly exchange your crypto holdings to fiat directly on your Visa debit card, paving the way for more widespread adoption of digital assets. Stay tuned for more exciting developments in the crypto space as Visa continues to lead the way in embracing cryptocurrency usage.
Source: Youtube
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