Nexo, the Bulgarian decentralized lending platform, is venturing into uncharted territory with its crypto-powered Mastercard designed exclusively for residents of the European Economic Area (EEA). The Nexo card allows holders to make transactions in euros, US dollars, and British pounds through merchant terminals worldwide, reaching a staggering figure of 100 million. Furthermore, the Nexo Mastercard is not just another plastic rectangle in your wallet. It incentivizes its users by offering up to 9% annual interest on stored balances, making it a highly attractive financial tool.
Related Posts
Voyager Digital Ltd., once in collaboration with Binance’s US subsidiary to acquire its assets, has had its asset…
Sony Expands Web3 Presence by Investing in Startale Labs
Sony Network Communications Inc. expands its footprint in the evolving web3 landscape by investing $3.5 million in Startale…
1inch Crypto Portfolio Makes Massive Investment in Ethereum
A month after reaping profits from its DCA strategies, the crypto portfolio associated with the investment fund 1inch…
Bitcoin: MiCA vote will go ahead without provisions banning proof-of-work crypto-currencies
The MiCA vote will take place on March 14 while language that would have banned proof-of-work cryptocurrencies like Bitcoin has been removed.