Nexo has partnered with Mastercard for a crypto-backed payment card that allows users to spend without having to sell their crypto assets.
Crypto credit institution Nexo has partnered with payment giant Mastercard and payment services provider DiPocket for its card that allows users to pay with crypto assets. Nexo says this card will be the first to allow users to spend without selling their digital assets. Accordingly, the cardholder’s crypto assets will be shown as collateral.
The company didn’t give exact details on which regions the card will be available in, but said it will be available in certain regions of Europe.
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