FV Bank, in collaboration with Visa, has announced the launch of new debit cards that combine the ability to use both traditional currencies and digital assets like Bitcoin and Ethereum.
Bringing Crypto to Everyday Transactions
Customers can use these cards for purchases at any location that accepts Visa, whether online or in-store, and for cash withdrawals at ATMs. In real-time, cardholders can pay using their linked FV Bank USD accounts, making financial management both immediate and convenient.
Key Features of the Cards
1. **Global Payment Access** – The VISA cards allow seamless payments with magstripe, chip, and contactless options, ensuring accessibility at millions of global merchants and ATMs. 2. **Real-Time Digital Asset Conversion** – With FV Bank’s Convert feature, customers can convert Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies into USD, enabling them to spend directly from their crypto holdings. 3. **Mobile and Online Management** – Through the FV Bank platform, cardholders can manage transactions, set spending limits, change PINs, and even disable transactions for added security.
Popularity of Crypto-Integrated Cards
Crypto debit cards are gaining popularity as more companies, including Visa and Mastercard, offer solutions that merge digital assets with everyday payments. In recent months, several major players have entered this space. Avalanche Foundation introduced a Visa crypto card supporting tokens like Wrapped AVAX (wAVAX) and the USDC stablecoin. Mastercard partnered with European crypto payments provider Mercuryo, allowing users to spend digital assets stored in self-custody wallets at Mastercard-supported merchants. Visa’s Tokenized Asset Platform (VTAP) was launched to issue and manage digital assets, affirming Visa’s commitment to crypto adoption.
With the launch of the new cards, FV Bank and Visa are taking a significant step towards integrating cryptocurrencies into everyday financial operations, expanding user capabilities worldwide.