Nexo Launches Debit Card Allowing Users to Spend Stablecoins Worldwide!
Nexo, a leading blockchain-based lending platform, has launched a new debit card that will allow users to spend their stablecoins at over 100 million merchant terminals around the world. The Nexo Card will support euro, U.S. dollar, and British pound stablecoins and offer up to 9% annual interest on stored balances. The move is seen as a significant step towards the mass adoption of cryptocurrencies for everyday transactions. Nexo aims to make the use of stablecoins more accessible to consumers, as they offer stable values without the volatility of traditional cryptocurrencies.