Visa partners with Singapore's dtcpay to launch cryptocurrency/fiat exchange card

according to Economy Watch, payment giant Visa announced a partnership with Singaporean crypto payment provider dtcpay to launch the Crypto-to-fiat Card.

It is reported that the card is primarily aimed at ultra-high-net-worth (UHNW) individuals, allowing users to convert stablecoins and other cryptocurrencies into fiat currency using real-time exchange rates. There are plans to expand to the merchant side, and the card is expected to open for public registration in the fourth quarter of this year.