Huobi Global announced plans to work with Visa to create Visa cards for Huobi Visa users worldwide.
The company posted that this will provide a faster fiat-to-crypto gateway for users and encourage the crypto industry’s growth.
The Huobi Visa Card is initially available in several European markets. It will soon be expanded to other countries.
Justin Sun, a Huobi’s Global Advisory Board member, stated that these moves mark a significant milestone for Huobi’s push to make virtual assets available to everyone.
He said that Visa and Huobi are both leaders in their respective fields and that he expects to contribute to global financial inclusion.
Cuy Sheffield, Head of Crypto at Visa, stated that Visa wants to be the link between the crypto ecosystem and the global network of merchants and financial institutions.
This card allows Huobi users to convert virtual funds from their Huobi accounts to pay for goods or services at 80 million Visa-enabled merchants worldwide.
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