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Coinbase (COIN) and Cardless unveil credit card backed by stablecoins

CS
CoinDesk Staff
(08:04 AM UTC)
1 min read
DK
Reviewed byDavid Kim
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The stablecoin-secured card is for situations where a credit card cannot be approved on an unsecured basis.

Cardless, a firm that has facilitated credit cards for brands like Qatar Airways and Alibaba, said it developed a payment card in conjunction with crypto exchange Coinbase (COIN) for stablecoin holders who are unable to obtain one through traditional channels.

The Coinbase…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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