Nexo and Mastercard launch "world's first" cryptocurrency-backed payment cardCryptocurrency lender Nexo said it has
teamed up with global payments company Mastercard to launch the world's first "cryptocurrency-backed" payment card.
Nexo said the card, which is initially available in some European countries, allows users to spend without having to sell their digital assets, such as bitcoin, which are used as collateral to secure the loan provided.
