The cards integrate balances in fiat money, stablecoins and cryptocurrencies held in custody accounts.
Fintech company FV Bank has launched new debit and corporate cards in partnership with Visa, specifically created to integrate with its digital asset custody services.
According to an announcement during the Money 20/20 conference in Las Vegas, Nevada, the cards allow United States and international customers to access both fiat and cryptocurrency balances through the cards.
Users can fund their Visa debit cards with both digital assets and fiat money. The card accepts deposits in US dollars, the US Dollar Coin (USDC) and Tether (USDT) stablecoins, and cryptocurrencies held in custody accounts, such as Bitcoin (BTC), Ether (ETH), Polygon (POL), Dogecoin (DOGE), and Polkadot (DOT).
FV Bank was founded in 2018 targeting the integration of traditional banking services with digital asset management. The bank is licensed by Puerto Rico’s Office of the Commissioner of Financial Institutions.