Latin American Crypto Exchange Ripio Partners with Visa to Launch DeFi Credit Card
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September 13, 2024
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According to CoinDesk, Latin American crypto exchange Ripio has partnered with Visa to launch a DeFi credit card that allows users to spend up to 30% of their crypto assets locked in Compound liquidity pools. The card supports multiple cryptocurrencies, including Bitcoin, Ethereum, USDC, USDT, and Ripio's stablecoin UXD. The card is currently in a testing phase, and users can apply by joining the waiting list. Ripio previously launched a Visa prepaid card supporting cryptocurrencies in 2022, offering Bitcoin cash rewards.
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