Visa Strike Card Is Released – Bitcoin Lightning Power App Did Good

Visa Strike Card is released, according to an announcement by Strike, made on August 11, which will let customers earn additional rewards when they spend bitcoin (BTC) to make purchases anywhere in the world.

Users may now get direct deposits, purchase bitcoin, and utilize Apple Pay and Google Pay without paying any additional fees with the new Strike Visa card.

Visa Strike Card Is Released

While bitcoin (BTC) has made a name for itself as a reliable store of value and hedge against hyperinflation, there is still a long way to go before the orange coin is used to facilitate global payments for goods and services. This is because only a small number of platforms currently support the Bitcoin Lightning Network, a layer-2 solution that enables incredibly quick and affordable BTC payments.

Strike, a cryptocurrency payments software that enables users to send money anywhere in the world over the Bitcoin Lightning network, has now launched a new Visa card to further simplify life for its thousands of clients across the globe.

Users may now sign up for the waitlist for the new Strike Visa card, which is intended to provide limitless rewards for users when they pay for products and services throughout the world, according to a tweet from the Strike team.

The Strike Visa card, according to the team, also enables users to easily spend money anywhere without having to worry about exorbitant transaction fees while receiving direct deposits, receiving bitcoin payments, purchasing bitcoin, or receiving bitcoin payments.

“Now, you can get your direct deposit, get paid in bitcoin, buy bitcoin, send and receive money with friends, spend your money anywhere with Appl Pay, and Google Pay, and earn instant rewards while spending, all with no added fees. One app. The dream financial experience,” the team declared.

Rising Adoption Of Bitcoin

Institutional money has continued to flow into the ecosystem despite the devastating crypto winter, which some have referred to as the biggest crypto market fall in the history of the distributed ledger technology (DLT) sector.

BlackRock, the largest asset manager in the world with $8 trillion in assets under management (AUM), signed a partnership agreement with Coinbase to provide institutional investors access to bitcoin and other cryptocurrencies via the centralized exchange.

To be more precise, the strong partnership between BlackRock and Coinbase will see the latter’s Aladdin investment business integrating with Coinbase prime to provide qualified clients crypto trading, custody, prime brokerage services, and more.

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