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MiPlata and Stripe partner to launch Visa prepaid card for direct stablecoin spending

Stablecoin wallet MiPlata has partnered with Stripe to launch a Visa prepaid card that lets users spend stablecoins directly without cashing out to a bank account.

Render of three blue MiPlata Visa cards featuring an illustrated llama and coins.
Image: @Cointelegraph

Stablecoin wallet MiPlata has partnered with Stripe to launch a Visa prepaid card designed for spending cryptocurrency stablecoin balances, according to reports from Watcher.Guru, crypto.news, and Cointelegraph. The card enables users to spend their stablecoins directly without having to cash out funds to a bank account.[1][2][3]

Stripe indicated that MiPlata utilized its Stripe Issuing infrastructure to release the card, which is aimed at Latino workers and families, according to market commentator Scott Melker. Crypto Briefing reported that the launch is intended to lower financial barriers for Latino communities and enhance the efficiency and accessibility of cross-border transactions.[4][5]

Key facts

  • MiPlata partnered with Stripe to launch a Visa prepaid card for spending crypto stablecoin balances.
  • The card allows users to spend stablecoins directly without cashing out to a bank account.
  • MiPlata used Stripe Issuing to launch the card, which is targeted at Latino workers and families.
  • The card launch aims to lower financial barriers for Latino communities and improve cross-border transaction accessibility.

Sources · 5 sources

  1. WG

    Watcher.Guru@WatcherGuruPost on X ·

    JUST IN: Stripe partners with MiPlata to launch Visa prepaid card for spending crypto stablecoin balances.

    Open source
  2. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ NEW: Stripe Crypto says miPlata launched a Visa prepaid card that lets users spend stablecoins directly without cashing out to a bank account. https://t.co/TRauZW2iw1

    Open source
  3. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Stripe and MiPlata partner to enable stablecoin spending on Visa prepaid cards The partnership will allow users to spend their crypto stablecoin balances through a Visa prepaid card. https://t.co/krA2cqczix

    Open source
  4. CB

    Crypto BriefingArticle ·

    MiPlata launches Visa prepaid card for direct stablecoin spending The launch could reduce financial barriers for Latino communities, enhancing accessibility and efficiency in cross-border transactions. The post MiPlata launches Visa prepaid card for direct stablecoin spending appeared first on Crypto Briefing .

    Open source
  5. TW

    The Wolf Of All Streets@scottmelkerPost on X ·

    STRIPE SAYS STABLECOIN WALLET MIPLATA USED STRIPE ISSUING TO LAUNCH A VISA $V PREPAID CARD FOR LATINO WORKERS AND FAMILIES https://t.co/7AgFYXR6Ox

    Open source