Visa has launched its first crypto cards in Brazil and Argentina, cryptonews.com reports. In a statement, the company explained that the move “includes recently launched cryptocurrency card programs and partnerships” with fintech providers crypto exchange startups in the region.
Romina Seltzer, the Senior Vice President of Products and Innovation of Visa Latin America and the Caribbean, said:
The cryptocurrency ecosystem continues to gain momentum in this region with increased investment, more consumer adoption, and more crypto-enabled usage cases. We will continue to build on our strategy to develop the future of crypto and payments for our customers, clients, partners, and consumers.
The report added that Visa is looking to develop card issuance projects in other Latin American nations, including Mexico, Colombia, and Peru.