Visa and FTX launch first global cryptocurrency

Cryptocurrency exchange FTX has said it will gradually launch its Visa debit card in more than 40 countries in Latin America, Europe and Asia.

Visa FTX users can now securely pay with their digital currency 24 hours a day, 365 days a year at 80 million retail locations worldwide.

Assets will automatically convert into the required amount of fiat currency at the time of payment. FTX Visa cardholders will not be charged any administration or transaction fees when using them.

Read more at the link: https://www.finextra.com/newsarticle/41095/visa-and-ftx-take-crypto-debit-card-worldwide