Visa has partnered with Coinbase to enable eligible debit card users in the US and EU to instantly fund their Coinbase accounts, according to an announcement on Tuesday. This new integration with Visa Direct aims to eliminate the delay in fund availability for trading, allowing for faster and more efficient transactions. Visa’s near-instantaneous money movement technology will blur the lines between the traditional financial system and the blockchain world, reducing wait times and enabling customers to capitalize on market movements. Users can now buy cryptocurrencies on Coinbase directly with their Visa debit card and cash out to their bank account using the same card, improving the overall user experience. In addition, Visa has established partnerships with over 50 crypto entities to launch card programs, making cryptocurrencies more practical for everyday use.
