Visa Partners With dtcpay To Launch Crypto-To-Fiat Card

According to Odaily, payment giant Visa has announced a partnership with Singapore-based crypto payment provider dtcpay to introduce a Crypto-to-fiat Card. This card is primarily targeted at ultra-high-net-worth (UHNW) individuals, allowing users to convert stablecoins and other cryptocurrencies into fiat currency using real-time exchange rates. The card may later expand to merchant use. Public registration for the card is expected to open in the fourth quarter of this year.