Coinbase users can now fund their accounts in real-time using eligible Visa debit cards, following a new integration with the Visa Direct network. The partnership, announced on October 29, allows Coinbase customers in the U.S. and Europe to deposit funds immediately, providing enhanced flexibility for those looking to react swiftly to fluctuations in the crypto market.
This feature is designed to streamline access to trading funds by significantly reducing the wait times typically associated with cryptocurrency funding. With the Visa Direct network, users can now top up their accounts or make crypto purchases almost instantly. Additionally, Visa debit cardholders can cash out to their bank accounts in real-time, minimizing delays across all major transactions on the Coinbase platform.
“Providing real-time account funding using Visa Direct and an eligible Visa debit card means that those Coinbase users with an eligible Visa debit card know that they can take advantage of trading opportunities day and night,” said Yanilsa Gonzalez Ore, head of Visa Direct for North America.
This collaboration is part of Visa’s expanding footprint in the cryptocurrency market. The company recently introduced the Visa Tokenized Asset Platform, which enables financial institutions to mint, burn, and transfer fiat-backed tokens, including stablecoins. Notably, BBVA, the Spanish banking giant, became the first client of this platform, planning to trial the technology on the public Ethereum blockchain starting in 2025.
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