Cryptocurrency 44 minutes ago (Dec 30, 2022 12:00PM ET)
Crypto Exchange Huobi Partners with Visa To Launch a New Card
- Huobi teams up with Visa (NYSE:) to release a card to simplify fiat-to-crypto transactions.
- Linked to their Huobi account, this card is valid at 80 million merchants globally.
- The card will first be released in Europe, with plans to expand to other regions.
Huobi outlined their plan to distribute the Huobi Visa Card globally. One of the world’s leading asset exchanges anticipates this to streamline the fiat-to-crypto gateway for their consumers and foster the growth of the virtual asset industry.
Justin Sun of Huobi’s Global Advisory Board said,
This launch of the Huobi Visa Card marks a significant milestone in Huobi’s push toward making virtual assets available to all. Huobi and Visa are both prominent leaders in their respective industries, and with the Huobi-branded card, we hope to contribute toward global financial inclusion.
The introduction of this new card by Huobi indicates their willingness to advance the adoption of virtual assets. The Huobi Visa Card will enter multiple European markets to kick off the rollout, with plans to expand to additional regions shortly thereafter.
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