Cryptocurrency Exchange Huobi Launches a Visa Debit Card
Cryptocurrency exchange Huobi has just announced it intends to issue its own Visa debit card.
According to the announcement, residents of several European countries will be able to apply for a Huobi Visa Card initially, and in the future, users in other regions where the platform operates.
The company has said it has decided to launch this product because it wants to create a gateway between fiat and cryptocurrencies and promote the development of the digital industry.
Huobi’s Global Advisory Board member Justin Sun has said:
“Through the payment card, we look forward to contributing to the expansion of financial inclusion worldwide.”
Thanks to it, the users of the platform will be able to use digital asset balances for payments at all retail outlets in the Visa network.
