Visa promotes crypto shopping in Dubai with the new Bitcoin-backed TDC | Cryptopolitan
cryptopolitan.com
04 July 2022 10:24, UTC
As crypto trading grows in popularity, large financial institutions like Visa see the perfect opportunity to get involved in the technology. Although virtual commerce is going through an unfavorable time, this has not prevented the creation of new projects based on it.
According to the Arab media, the Visa company would launch a crypto TDC that will take the name of “Bitcoin Black” and work within the UAE. In this way, the financial institution would be getting even more involved in the crypto market, demonstrating that this technology does have a future.
TDC Visa backed by cryptos
Visa launched a TDC backed by cryptocurrencies and would be doing pilot tests from 2021, but it was not announced until today. According to reports, it is a TDC that only around 10,000 guests worldwide will use and aims to convert Bitcoin into other types of cryptos or cash. The TDC application can be purchased on the Bitcoin Black website.
The owner will protect TDC crypto funds, offering another couple of benefits. That is, it will be available in various places and allow the user to earn rewards for each transaction.