Binance has launched a prepaid crypto card in Brazil in partnership with Mastercard
The card will be available to all Binance users in Brazil with a valid national ID, and allow them to make payments and pay bills with 13 cryptocurrencies.
The product is now in a soft-launch phase and “will be widely available in the coming weeks”.
Brazilian consumers are popular crypto users, as nearly half have made made at least one crypto transaction in the past year.
This isn’t the only South American nation to have the partnership between the two financial giants, as Argentina also has a similar offering.
