Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards – Bitcoin News

Blockchain.com announced that a crypto-centric, pre-paid Visa Card has been launched. In fact, over 50,000 customers have signed up to the waiting list. Blockchain.com Visa holders will be able to earn 1% crypto for every dollar they spend using their crypto Visa card.

Blockchain.com Launches Crypto Visa Card

Blockchain.com joins the ranks of Crypto.com and Bitso as it announces the launch of a crypto-loadable, pre-paid Visa card. According to the announcement on Wednesday, Blockchain.com Visa users can “spend from a crypto balance fee-free and offer the opportunity to earn crypto rewards.”

Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards
Blockchain.com CEO Peter Smith displaying the new crypto-centric Visa Card during a Yahoo Finance broadcast.

Moreover, 50,000 registered users have already signed up for the company’s new crypto payments card. “As one of the crypto industry’s oldest and most trusted platforms, we’re excited to roll out the natural next step to make crypto easy to use in the real world and accessible to as many people as possible,” Blockchain.com’s CEO Peter Smith said in a statement sent to Bitcoin.com News on Wednesday.

Smith said:

As we create the future of finance, this is an excellent example of how digital assets can make a difference in the financial sector.

Blockchain.com’s Visa card announcement follows the firm’s multi-year partnership deal with the Dallas Cowboys quarterback Dak Prescott. The company previously inked a deal with the entire Dallas Cowboys team in mid-April becoming the NFL team’s “exclusive digital asset partner.”

During the announcement on Wednesday, Cuy Sheffield, the head of Visa’s crypto unit, explained that the payments giant believes if crypto adoption is to continue to swell, mainstream finance solutions like cards help bolster that effort.

“At Visa, we believe for crypto adoption to grow, it’s critical for it to be easily accepted everywhere,” Sheffield said in a statement. “We’re excited to partner with leading crypto wallets and exchanges like Blockchain.com to unlock more ways consumers can use their crypto for everyday purchases.”

This story contains tags
Blockchain.com. Blockchain.com CEO. Blockchain.com Visa. Crypto. Crypto Adoption. Cryptocurrencies. Cuy Sheffield. Dak Precott. Dallas Cowboys. Digital Assets. mainstream finance. Peter Smith. Visa Card. Visa’s Crypto unit.

How do you feel about Blockchain.com’s launch of a pre-paid Visa Visa card that is crypto-centric? Please share your views on the subject below in comments.

Jamie Redman

Jamie Redman, a Florida-based financial journalist and news lead at Bitcoin.com News is Jamie Redman. Redman is an active participant in the cryptocurrency community from 2011. Redman is passionate about Bitcoin and open-source codes. Redman is a prolific writer for Bitcoin.com News, with over 6,000 articles on disruptive protocols.




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