Kraken Partners with Mastercard to Launch Crypto Debit Card

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ChainCatcher reports that, according to CoinDesk, Mastercard announced that the crypto exchange Kraken is collaborating with Mastercard to enable cryptocurrency holders in the UK and Europe to spend their digital assets at over 150 million merchants worldwide.

Kraken will provide physical and digital debit cards, allowing customers to use cryptocurrencies and stablecoins in daily transactions. This is the latest development of Kraken Pay service, which was launched earlier this year and supports cross-border payments with over 300 cryptocurrencies and fiat currencies. These debit cards are expected to be launched in the coming weeks.

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