imToken and Swiss Blockchain Bank Fiat24 Allows to Pay in Crypto via Credit Card

Crypto Spending Made Simple: New Debit Card Bridges Digital and Traditional Payments

Seamless Crypto Payments
Crypto wallet imToken has teamed up with Swiss blockchain bank Fiat24 to launch a multicurrency Mastercard debit card. This card allows users to spend cryptocurrency just like traditional money, without the need for manual conversion.

3️⃣ Pay with your imToken Card for a chance to win $1000 in #BTC!

Each week, the user who pays with their imToken Card and has the most frequent block hash ending in '9' will win the $1000 BTC grand prize🏆 pic.twitter.com/Yja96rQr5u

— imToken (@imTokenOfficial) January 23, 2025

Bridging Crypto and Traditional Finance
Despite the growing popularity of cryptocurrency, converting it into fiat currency remains a challenge due to technical barriers and regulatory restrictions. Fiat24, a fully blockchain-based bank, aims to solve this issue by integrating digital assets with traditional banking services.

How It Works
Fiat24 uses Ethereum smart contracts to enable real-time transactions. With imToken’s global reach of 15 million users, their partnership enhances accessibility and usability of crypto in daily life. The new Mastercard card offers instant conversion between fiat and stablecoins like USD Coin (USDC), allowing users to pay with crypto anywhere Mastercard is accepted.

Convenient and Secure Transactions
Users can add the card to Apple Pay or Google Pay, making digital payments seamless. It also comes with a Swiss IBAN, providing access to international banking services, including SEPA payments, under one account. This ensures a smooth experience for managing both crypto and fiat assets.

Expanding Global Reach
The initiative extends into Asia, integrating with payment platforms like WeChat and Alipay. By connecting Web3 innovations with traditional financial systems, this partnership paves the way for a future where digital assets become as mainstream as conventional currencies.