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Nexo and MasterCard launch 'world first' crypto-backed payment card

8 points| aratob | 3 years ago |reuters.com

1 comment

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Traster|3 years ago

Can someone explain the use case of this? How does this differ from holding your crypto in some wallet and having a Mastercard credit card?

I understand someone might want to borrow against their crypto holdings, but this seems like an odd way of doing it.