Cryptopolitan
2021-09-01 18:51:00

Weld Money offers crypto cards to its users

TL;DR Breakdown • Weld Money will arrive in Europe by the end of the year, working with stablecoins.• The crypto card will support USDT and Tether in its initial phase. The cryptocurrency market has come to Ukraine with a lot of power; since last year, tokens such as Bitcoin are disputed among the favorites by citizens. In 2020, crypto investments in the country reached $400 million, and by the end of this year, the figure is expected to have doubled. The technology company in Ukraine, Weld Money, has been supporting cryptocurrency trading from the beginning. The startup even created a unique crypto card to facilitate virtual payments in domestic stores and coffee shops. Weld Money and the Ukraine market Weld Money would correspond to the first crypto card in Ukraine to reach various parts of the world. The developers of this project will launch the card in Ukraine in October, and it will get to the rest of the European countries before the end of the year. This card will have a double function; the user can pass it through the traditional points of sale or make virtual transactions in cryptocurrencies. To use Weld Money, users must connect the card with a crypto wallet such as Coinbase or Binance. The user will also have to link the card with Google Pay or Apple Wallet from their mobile phone. The card will accept transactions in stablecoins and convert them into fiat currency without charging interest. The platform in char...

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