cryptonews.net
Blockchain company Gnosis has introduced a new option for paying with cryptocurrencies using a Visa card on the US market. Its first owners will not pay a commission for use. Thus, the system for the smooth spending of crypto assets has already been implemented in more than 80 million merchants with the support of Visa. The entry of Gnosis into the American market is a strategically important step that the company took several months after the successful launch of its card in Europe.
Gnosis co-founder Dr. Friederike Ernst called the Gnosis Card an innovative tool that is gradually breaking down the long-standing barrier that separates cryptoassets from their use in the real world. According to her, this card symbolizes the emergence of crypto assets as a means for everyday transactions, which brings a new era of financial opportunity and versatility for consumers. In the future, the company plans to launch the product in countries such as Brazil, Mexico, Singapore and Hong Kong.
The Gnosis Pay service team has concluded several partnership agreements, including cooperation with MakerDAO, designed to combine the DAI stablecoin and its economic model. The ultimate goal is to reinvest profits from card sales into vital infrastructure. With the help of the Gnosis Card, the company has increased the functionality of its GNO token and the overall scalability of the blockchain ecosystem.
Image: CryptoMonday