American Express (NYSE:AXP), in partnership with cryptocurrency wealth management platform and digital wallet provider Abra, is rolling out its first crypto-linked credit card to let U.S. users earn back crypto on any purchase, the company said Friday at Consensus 2022, as reported by CoinDesk. The card giant's move comes despite CEO Stephen Squeri's remarks last year saying his company wasn't planning to offer such a product "anytime soon." Cardholders of the so-called Abra Crypto Card can choose from over 100 cryptos within the Abra platform. The card, which doesn't include annual or foreign transaction fees, will come with Amex Offers for shopping, traveling, purchase protections among other perks, CoinDesk noted. “This has been a long time coming and is the first American Express crypto product,” Abra CEO Bill Barhydt told CoinDesk in an interview. “Amex retail offers from hundreds of merchants are integrated into the app with the whole fraud and
Tether Treasury Mints $1 Billion in $USDT
