Coinbase And Visa Are Making Bitcoin, Ethereum, Ripple’s XRP And Litecoin Payments A Reality

Bitcoin and other major cryptocurrencies, including ethereum, Ripple’s XRP, and litecoin, have long struggled against accusations they are harder to spend and use in the real world than their traditional fiat counterparts.

The bitcoin price, which leaped higher last week to trade around $5,000 per bitcoin, has been called too unstable and volatile to be used as a means of payment, resulting in bitcoin and other cryptocurrencies being used more of a store of value, like gold, than traditional means-of-exchange currency.

Now, major bitcoin and cryptocurrency exchange Coinbase has teamed up with global payments processor Visa to try to change that, launching the Coinbase Card which allows users to “spend crypto as effortlessly as the money in their bank.”

Reference: https://www.forbes.com/sites/billybambrough/2019/04/10/coinbase-and-visa-are-making-bitcoin-ethereum-ripples-xrp-and-litecoin-
payments-a-reality/#7a202ecb5943

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