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Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa

Crypto exchange Ripio has partnered with Visa to launch a blockchain-linked credit card in Latin America. The card will allow users to make payments using up to 30% of the funds locked in a DeFi liquidity pool that supports various cryptocurrencies. Users can join a waiting list to access the card, and Ripio plans to test it with a small group before opening it to everyone. This follows the introduction of a prepaid Visa debit card by Ripio in 2022 for purchases with cryptocurrencies and cash rewards in bitcoin. Ripio currently operates in multiple countries and has over 10 million users and 2,000 institutions.

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