The post Argentina Gets Its First Bitcoin-Backed Visa Card appeared first on Coinpedia Fintech News
Argentina’s crypto platform Lemon has launched the country’s first Visa credit card backed by Bitcoin collateral, allowing users to access peso credit without selling their BTC or requiring a bank account or credit history. Customers deposit a small amount of BTC as collateral and receive a credit limit in pesos, which they can use at merchants worldwide that accept Visa. The card aims to make Bitcoin savings practical for everyday spending while keeping crypto holdings intact and usable through the Lemon app.
Source: https://coinpedia.org/crypto-live-news/argentina-gets-its-first-bitcoin-backed-visa-card/