Argentine exchange Lemon has launched an innovative Visa credit card directly backed by Bitcoin as an asset. The highlight of this card is that cardholders can obtain peso loans without selling their Bitcoin, and it requires no traditional bank account—this means that long-term $BTC investors can retain their crypto exposure while gaining access to local fiat liquidity. This exploration is very interesting, reflecting the gradual integration of traditional finance and the crypto world, and also opening new use cases for Bitcoin holders in emerging markets.
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Argentine exchange Lemon has launched an innovative Visa credit card directly backed by Bitcoin as an asset. The highlight of this card is that cardholders can obtain peso loans without selling their Bitcoin, and it requires no traditional bank account—this means that long-term $BTC investors can retain their crypto exposure while gaining access to local fiat liquidity. This exploration is very interesting, reflecting the gradual integration of traditional finance and the crypto world, and also opening new use cases for Bitcoin holders in emerging markets.