Debit or credit cards such as CapCard, which allow users to use funds in cryptocurrencies, are becoming increasingly popular and attracting a very representative market.
According to payment processor Visa, more than $1 billion worth of cryptocurrencies was spent on its cards in the first half of 2021 alone.
Capitual has been actively working to bring this product to its customers.
Even though on the backend, cryptographic assets are instantly converted to trusts, the public who keep cryptocurrencies in their wallet feels safer than holding their funds in fiat currencies and seeing them lose value to inflation over time.
The benefits of existing cryptocurrency cards facilitate the popularization of this market, increase liquidity, and drive usage due to adoption. Creating a win-win situation for cryptocurrency holders, cardholders and merchants around the world.