Crypto liquidity is a big barrier for cryptocurrency adoption, but a new payments provider could help provide a solution. PolisPay, a blockchain payments service, has just announced the implementation of the Dash cryptocurrency for their MasterCard-backed debit card.
Until now, the Polis app supported payments through Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Digibyte (DGB), and its own token, Polis (POLIS). Now, with the implementation of debit cards, users can deposit cryptocurrencies through its app, and receive a proportionate balance of fiat currency on the PolisPay card.
Once funds are loaded on the debit card, users can spend their balance anywhere MasterCard is accepted. Transactions are paid for in cryptocurrency, but merchants are paid in fiat. This technology allows users not only to trade and store their cryptocurrencies, but also to spend them them for real-world, everyday purchases.