ZenGo Joins Visa Fast Track Program to Get Non-Custodial Crypto Card Off the ...

ATLANTA, GA – October 13th, 2020. The global fintech platform Ternio, announced today that it has joined Visa’s Fast Track program as a cryptocurrency focused enablement partner. By becoming part of Visa’s Fast Track program, Ternio will be able to make it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new crypto-friendly payment experiences. Ternio’s existing Blockcard platform provides users a seamless way to interact with cryptocurrencies using linked debit cards and bank accounts which can act as an easy on and....

The fintech expects its prepaid debit card product to launch in the U.S. in Q1 2022.

The new credit card will offer Bitcoin rewards rather than airline miles or cash. Visa Inc. and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. BlockFi, a New York-based startup specializing in crypto-backed loans and savings accounts, announced the partnership on Tuesday. As Bloomberg reported, the new credit card will reward purchases with Bitcoin rather than airline miles or other cashback rewards. Cardholders will be eligible to receive 1.5% of their purchases back in BTC The....

This could significantly lower the barrier to entry for stablecoin use. Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards.“After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send and receive USDC payments directly from any business using the card,” said a Forbes article on Wednesday. Cuy Sheffield, Visa’s head of crypto, told Forbes:“This will be the first, corporate card that will allow businesses to be able....

Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.