Latin American cryptocurrency exchange Ripio partners with Visa to launch DeFi credit card.

ChainCatcher news, according to CoinDesk, the Latin American cryptocurrency exchange Ripio has partnered with Visa to launch a DeFi credit card that allows users to spend 30% of their crypto assets locked in the Compound liquidity pool.

The card supports various cryptocurrencies including Bitcoin, Ethereum, USDC, USDT, and Ripio's stablecoin UXD. This card is currently in the testing phase, and users can apply by joining the waitlist. Ripio previously launched a Visa prepaid card supporting cryptocurrencies in 2022, offering Bitcoin cash rewards.