Swipe offers a Visa debit card service allowing users to buy and sell using cryptocurrencies. The platform works by converting crypto coins to fiat money, enabling crossover between traditional and decentralized finance.
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Binance acquires Swipe with the goal of mass crypto adoption in mind
“To achieve our mission of making crypto more accessible to the masses, off-ramps are a key component as well,” Binance CEO Changpeng Zhao said. “By giving users the ability to convert and spend crypto directly, and have merchants still seamlessly accept fiat, this will make the crypto experience much better for everyone.”
