ChainCatcher reported that according to CoinDesk, Latin American cryptocurrency exchange Ripio has partnered with Visa to launch a DeFi credit card, allowing users to use 30% of the crypto assets locked in the Compound liquidity pool for consumption.
It is reported that the card supports multiple cryptocurrencies such as Bitcoin, Ethereum, USDC, USDT and Ripio's stablecoin UXD. This card is currently in the testing phase and users can apply by joining the waiting list. Ripio previously launched a Visa prepaid card that supports cryptocurrencies in 2022 and offers Bitcoin cash rewards.
