At the Blockchain Economy Dubai Summit 2022, Cointelegraph spoke with Codego CEO Simone Binotto Torre about crypto cards. During the talk, the executive argued that one of the catalysts for broader adoption is the simple ability to make purchases with your crypto through a credit or debit card.
Even with Web3 use cases sprouting left and right within the space, the ability to spend crypto to make purchases at real-world stores and shops is still one of the most important applications for digital assets according to Torre.
The exec highlighted that it’s important for holders to be able to easily purchase goods and services with crypto, stating that building a banking platform that lets cards automatically convert crypto into fiat is vital to the community, and this is what their team wanted to focus on. He said:
“This is important because users will have the possibility to spend in real life [...] And we create, of course, this bridge between the crypto virtual asset world and the...
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