KRAKEN is going along with MasterCard to launch Krypto -Debit Card

Crypto Exchange Kraken is working with MasterCard to let crypto holders in the UK, and Europe is using their digital assets of more than 150 million merchants around the world, MasterCard announced.

Kraken will offer physical and digital debit cards so customers can use crypto and stablecoins in everyday transactions. It is the latest developments in Kraken Pay, a service that debuted earlier this year that enables cross-border payments in over 300 crypto and Fiat currencies.

More than 200,000 users have already activated their “cracking”, a unique identifier tied to their Kraken design book that simplifies the use of Kraken Pay’s services, according to the press release.

David Ripley, Kraken’s Co-Ceo, said the initiative is aiming to close the gap between the crypto economy and traditional expenses. “Our customers will easily pay for goods and services in the real world using their crypto or stablecoins,” Ripley said.

The debit cards are expected to be available in the coming weeks.

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