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Revolut Unveils First Physical Crypto Card With Dogecoin Theme

Source
JH Kim

Summary

  • Revolut has unveiled its first physical cryptocurrency card and plans to launch a card featuring a Dogecoin-themed design.
  • The card can be used at merchants that support the Visa and Mastercard payment networks, and will first launch in the UK and the European Economic Area (EEA).
  • The market is watching how expanding crypto payment infrastructure could affect the mainstream adoption of digital assets and reshape the payments market.

Forecast Trend Report by Period

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Neobank Revolut has unveiled its first physical cryptocurrency card, as the push to expand crypto-based payment services gathers pace.

The Block reported on May 18 that Revolut plans to launch a physical crypto card featuring a Dogecoin-themed design.

The card's features include LED lighting.

It can also be used at merchants that support the Visa and Mastercard payment networks.

The card will initially launch in the UK and the European Economic Area.

Revolut currently offers crypto-related stock investment services.

Competition has recently intensified across the global fintech industry to expand stablecoin and crypto payment services, as well as products linked to physical cards.

The market is watching how broader crypto payment infrastructure could affect the mainstream adoption of digital assets and reshape the payments market.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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