DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With | DeFi Updates

DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With Mastercard and Baanx

Decentralized exchange (DEX) aggregator 1inch Network has created a Web3 debit card in partnership with crypto card developer Baanx and powered by payments giant Mastercard, the companies said on Monday. The 1inch Card will allow users to use their crypto for online and in-person purchases and make cash withdrawals at supported ATMs through seamless crypto-to-fiat conversion, according to a press release. Baanx’s “Crypto Life” card is also used by crypto storage firm Ledger.

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