New York’s Quontic Becomes First US Bank to Offer a Bitcoin Rewards Debit Card
Queens-based Quontic Bank has become the first FDIC-insured financial institution to launch a bitcoin rewards checking program.
The card supports 18 currencies, crypto among them.
The firm plans to start rolling out its multi-asset debit card on the Optimus platform in Europe "shortly."
The integration brings the crypto exchange’s rewards-heavy spending tool to the iPhones of U.S. users.
The card can be used to spend crypto and fiat around the world.
Users can select any investment in their Bitpanda account to fund payments with the physical Visa card.