Crypto Milestone: People Can Spend Bitcoin (BTC), Ethereum (ETH) and XRP With First-Ever Prepaid Mastercard in the US

BitPay just launched a prepaid Mastercard that lets US customers instantly convert their crypto into fiat without conversion fees. It’s the first Mastercard Prepaid card for crypto users in the US.

In a press release, the Atlanta-based Bitcoin payment service provider says the BitPay Card supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP) and stablecoins USD Coin (USDC), Gemini Dollar, Paxos Standard (PAX) and Binance USD (BUSD).

Cardholders can purchase crypto using the BitPay mobile app. Says BitPay CEO Stephen Pair,

“The BitPay Card offers new benefits and features for consumers making it easier to convert Bitcoin and other cryptocurrency into a spendable balance without currency risk.”

The card can be used for purchases anywhere Mastercard is accepted. Users can use it to withdraw cash from ATMs. The mobile app also allows users to reload their card, view transaction history and manage card settings.

BitPay’s main service is designed to offer companies and individuals an easy way to accept cryptocurrency payments online, as well as a way to store their crypto assets.

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.