Crypto Wallet Provider SafePal Partners with Swiss Bank to Revolutionize Banking for Crypto Users SafePal, a leading
crypto hardware wallet provider, is taking a giant leap towards
bridging the gap between digital assets and real-world utilities. The company has recently made a
strategic investment in Swiss bank Fiat24, aiming to offer users a seamless
banking gateway for their crypto needs.
The collaboration between SafePal and Fiat24 brings forth exciting prospects, including the introduction of a
crypto-focused Visa card and
in-app banking services. What's more, users can now create their own fully compliant bank accounts within the SafePal mobile wallet app, all without any pesky account creation or management fees.
With the default deposit currency being the trusted
USD Coin (USDC) stablecoin, users can easily swap their crypto holdings via Arbitrum and convert them into USD, EUR, or CHF for hassle-free transactions and expenses.
While awaiting approval from Apple's App Store and Google Play, the upcoming SafePal mobile wallet version 4.5.0 promises to empower users with the ability to swap crypto across
over 40 blockchains, making it easier than ever to utilize fiat currencies like USD, euro, or Swiss Franc.
Veronica Wong, CEO and co-founder of SafePal, highlights the significance of this move in addressing the accessibility challenges faced by crypto enthusiasts. She envisions this initiative as a game-changer that will finally provide retail users with a truly
crypto-friendly banking experience, free from the shackles of traditional financial institutions.
