BitPay Visa Prepaid Debit Card allows converting bitcoin into a spendable dollar, euro, or pound balance in just few minutes.
BitPay customers may now receive settlement in Gemini Dollar (GUSD) and USD Coin (USDC), USD-pegged cryptocurrency stablecoins, without relying on costly, time-consuming wire transfers.
BitPay, the largest global blockchain payments provider, was founded in 2011, while Bitcoin was still in its infancy.
The new alliance will bring merchants the possibility to accept payments in the form of bitcoins.
BitPay Visa Prepaid Debit Card allows converting bitcoin into a spendable dollar, euro, or pound balance in just few minutes.
Straits Financial will be able to accept bitcoin via the partnership with digital bank WB21 Ltd.