Huobi, one of the major crypto exchanges known worldwide, announced that it has partnered with digital payments giant Visa to provide its users with the fiat-to-crypto experience with the Huobi Visa Card.
About Huobi Visa Card
With this partnership, Huobi plans to increase the adoption of the crypto industry and make Huobi Visa Card a card used worldwide. It is known that Visa has had many initiatives about the digital pay and crypto industry in the past. In the past weeks, Visa announced that it has partnered with ZELF for the ZELF debit card. We can say that Huobi and Visa have increased the adoption of crypto assets on their two platforms with this partnership.
Justin Sun, a member of Huobi’s Global Advisory Board, said:
“This launch of the Huobi Visa Card marks a significant milestone in Huobi’s push towards making virtual assets available to all. Huobi and Visa are both prominent leaders in their respective industries, and with the Huobi-branded card, we hope to contribute towards global financial inclusion.”
Huobi Visa Card will be launched initially in the European market, and later in other regions. Huobi Visa Card holders will be able to pay at the 80 million workplaces that accept Visas around the world. In addition, Huobi will offer many benefits to Huobi Visa Card holders, including cashback vouchers, sure-win coupon airdrops, APY booster coupons and privileges in Huobi Earn products. The card will have 5 different layers as “Scout”, “Navigator”, “Adventurer”, “Explorer” and “Expert”. No information about the use cases of these layers has yet been provided.
Cuy Sheffield, Head of Crypto at Visa, said:
“Visa wants to serve as the bridge between the crypto ecosystem and our global network of merchants and financial institutions. We’re excited to work with innovative platforms like Huobi to make it easy and seamless for consumers to spend from a crypto balance—anywhere Visa is accepted. ”
About Huobi
Huobi is a digital asset exchange that serves in many countries and regions around the world. First established in 2013, Huobi adopts the mission of bringing blockchain technology to other sectors by using blockchain technology. Huobi currently serves more than 100 countries and millions of users.
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