Cryptocurrency exchange Binance collaborates with payment giant Mastercard to enable cryptocurrency payments in 90 million stores. Michael Miebach, CEO of Mastercard, said in the LinkedIn Post on Tuesday. “We can unlock the full potential of blockchain technology when we make it easier to access + easier to use. One way we do that is by bringing crypto to everyday purchases. To make that a reality, we’re working with Binance to let people use their crypto to make purchases at 90m+ stores that accept Mastercard.” JUST IN: Mastercard CEO says they’re working with #Binance to let people spend crypto at more than 90,000,000 stores. pic.twitter.com/G8etp94xkZ — Watcher.Guru (@WatcherGuru) August 23, 2022 Prepaid Crypto Card in Argentina Binance and Mastercard announced earlier this month that they had teamed up to introduce a prepaid card in Argentina that would link cryptocurrencies and regular commerce. Users in the area with a national ID could use the Binance Card, which Credential Payments issued, to make purchases and pay bills with cryptocurrencies. Users To Get 8% Cashback On Purchases The users’ Bitcoin will be exchanged at the sale for fiat money. Users of the card will also earn 8% in cryptocurrency rewards and get to use ATMs without paying any fees. Binance intends to keep growing in new markets and adding support for other cryptocurrencies. In Latin America, where statistics show that more than half of the population ...
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