1inch Teams Up with Mastercard for New Crypto-Fiat Debit Card

1inch, a popular crypto exchange, has partnered with Mastercard to launch a debit card that lets you spend both crypto and regular money.

Physical and Digital Cards

The card will be available as a physical card and a digital version. According to 1inch co-founder Sergej Kunz, this move is a big step towards bringing more people into the world of decentralized finance (DeFi).

Instant Conversions

The debit card gives you complete control over your funds and lets you instantly convert between fiat currency and crypto.

Initial Availability

The card will initially be available in the UK and the European Economic Area (EEA).

Mastercard’s Perspective

Mastercard’s Christian Rau said the card connects the worlds of traditional finance and crypto in a new way.

Waiting List

There’s currently a waiting list for the new card.