Key Takeaways
- Visa and Coinbase now offer real-time Bitcoin deposits.
- Eligible Visa debit card holders in the U.S. and EU can use the feature.
- The integration aims to bridge gaps between traditional finance and Bitcoin.
Visa and Coinbase have announced a new feature allowing users to make real-time Bitcoin transfers using eligible Visa debit cards.
This partnership is designed to make it easier for users in the U.S. and European Union to deposit funds into their Coinbase accounts instantly.
While millions already connect debit cards to Coinbase, the integration of Visa debit cards significantly accelerates transactions. Users can also buy and sell Bitcoin directly through their Visa-linked accounts.
Yanilsa Gonzalez Ore, Head of Visa Direct, North America:
We are thrilled to be partnering with Coinbase to help service their customers’ money movement needs.
This feature allows traders to take advantage of trading opportunities day and night, eliminating some of the previous delays in money transfers.
The new feature comes amid clearer regulations in the European Union, such as the Markets in Crypto-Assets Act (MiCA), providing businesses with more confidence to expand in the region.
