Nexo launches a Mastercard that combines debit and credit card features

ChainCatcher news, the crypto lending platform Nexo has launched a "dual mode" Mastercard that combines debit and credit card features, now available to the public for citizens and residents of the European Economic Area (EEA).

Nexo claims that this card addresses the issue of users needing to convert digital assets into fiat currency before spending, and Nexo debit card users earn 9% interest on their held cryptocurrencies.