Argentine crypto exchange Lemon has launched the country's first Bitcoin-backed Visa credit card. The card allows users to use Bitcoin as collateral to obtain peso credit lines without selling their crypto assets. According to local media La Nación, users need to lock in 0.01 BTC (about $960) as collateral to receive an initial credit limit of 1 million pesos. Lemon plans to allow users to adjust collateral and credit limits in the future, and support direct settlement of USD expenses using stablecoins such as USDC or USDT.(Cointelegraph)

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