Quantoz launches stablecoin debit cards in Europe following Visa approval, enhancing positions of tokens.
Table of content
The electronic money issuing company Quantoz has received approval from Visa to issue debit cards linked to stablecoins in Europe. These cards will allow users to conduct transactions using tokens denominated in dollars and euros, which will be integrated with major payment rails. BIN sponsorship means that Quantoz will offer its services to fintech and partners, opening new opportunities for transactions with digital assets.
The project provides consumers with innovative financial tools, improving the liquidity and accessibility of cryptocurrency operations in the everyday economy. Thanks to this, users will be able to pay with stablecoins in regular retail outlets.
Introducing stablecoin debit cards in Europe marks a new phase in the evolution of financial technologies that integrate digital assets into traditional systems. Payment cards remain the main tool for everyday transactions, and their integration with blockchain rails may become a key factor for accelerated cryptocurrency adoption by the mass market.
The decision by Quantoz may push other fintech companies to take similar measures, stimulating competition and increasing the number of innovative products. It also helps lower the barriers to market entry for new digital asset users, as cards will simplify the use of stablecoins.
There is a prospect that initiatives like Quantoz’s improve the accessibility and security of cryptocurrency operations. However, it is important to consider the accompanying risks, such as regulatory changes and potential technological barriers.
Visa’s approval to issue debit cards linked to stablecoins signals the reliability and promising nature of such transactions. Quantoz is making an important step in the development of the crypto industry by integrating digital assets with real market processes.
Follow new insights in our telegram channel.
No need to invent complex schemes and look for the "grail". Use the Resonance platform tools.
Register via the link — get a bonus and start earning:
OKX | BingX | KuCoin.
Promo code TOPBLOG gives you a 10% discount on any Resonance tariff plan.