Coinbase’s Visa Debit Card Available In UK and EU, Adds First Stablecoin Support in Maker’s DAI
The Visa debit card offered by the crypto exchange Coinbase now has Ethereum-based DAI stablecoin support.
The news was released on Friday, when Coinbase Card made the announcement that DAI is the first stablecoin to be included in its offering. The debit card was launched in April this year and it allows UK and EU customers to spend the crypto they’re holding in their Coinbase accounts.
— Coinbase Card (@CoinbaseCard) December 6, 2019
Coinbase Card added Support for Other Crypto Assets Last Month
In November, Coinbase Card added Brave’s token (BAT), Stellar (XML), Augur (REP) and 0x (ZRX). Besides, it furthermore supports Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ether (ETH). The Coinbase UK head of marketing, JD Millwood, said in a recent commentary the offering of the debit card has managed to help many users spend crypto just as easily as they’re spending money from their traditional bank accounts, and that the Coinbase Card is going to be more in demand now that Christmas is coming.
10 More European Countries Added Last Month to Coinbase Card’s Portfolio
In November, Coinbase Card has expanded to 10 new European countries, making a total of 20 countries in which it operates. The newly added ones were Denmark, Liechtenstein, Sweden, Romania, Iceland, Norway, Bulgaria, Poland, Croatia, and Hungary.