VISA will allow users to withdraw crypto


Visa, the largest global player in the payment industry, has teamed up with Web3 infrastructure provider Transak to integrate cryptocurrency withdrawal and payment through Visa Direct.

This collaboration allows users from 145 countries to directly convert at least 40 different cryptocurrencies into fiat currencies at over 130 million retail points worldwide that accept Visa.

Users can withdraw digital funds directly from wallets like MetaMask or Trust Wallet to a Visa debit card, thereby reducing dependence on centralized exchanges.

Such a partnership will help significantly bridge the gap between cryptocurrencies and traditional finance.

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