A new partnership has been established between the world’s largest cryptocurrency exchange Binance and Mastercard. Announced on August 4, the pilot of the partnership is now starting.
Binance and Mastercard It had launched a prepaid card in Argentina to bridge the gap between cryptocurrencies and daily purchases.
The following statements were used in the first announcement:
“Binance and Mastercard, the world’s leading provider of blockchain and cryptocurrency infrastructure, are launching Binance Card in Argentina to bridge the gap between cryptocurrencies and day-to-day purchases.
Argentina is the first country in Latin America to have this product.
Binance Card is part of the company’s ongoing efforts to tangibly embrace global cryptocurrency. The product is in beta and will be widely available in the coming weeks. “
This card will allow users to shop and pay bills with cryptocurrencies, including Bitcoin and BNB, at more than 90 million Mastercard merchants worldwide.
Binance card supports fourteen cryptocurrencies including BUSD, USDT, USDC, BTC, BNB, ETH, ADA, DOT, SOL, MANA, SXP, XRP, SHIB and AVAX.
Mastercard CEO Michael Miebach announced that the pilot for this card has started in Argentina.
Binance Card pilot starting in Argentina. Details here: https://t.co/UbAONYcJ3j
— Michael Miebach (he/him/his) (@MiebachMichael) August 23, 2022
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