Mastercard and Crypto exchange Binance announced the launch of prepaid Binance Card in Brazil on 30 January, making it the second country in Latin America following Argentina to introduce the product. Existing and new Binance users will be able to make purchases and pay bills with crypto at Mastercard merchants. According to the press release published by Mastercard, the prepaid card is “part of the ongoing efforts toward evolving the bridge between existing financial services and the growing crypto ecosystem.” The prepaid card is now available for beta testing and is expected to be ready for Brazilians in the coming weeks.

Source: https://www.reuters.com