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Credit Cards and Crypto Come Together

Credit Cards and Crypto Come Together

DCA member Mastercard and cryptocurrency company Bakkt Holdings Inc. have joined forces to allow consumers to make credit and debit card payments—and earn rewards—using bitcoin.

DCA Insight:

The partnership has significant potential: Big banks offering crypto cards powered by Bakkt, can potentially reach a large number of consumers. What remains to be seen is whether financial institutions are willing to make such a bold move, and whether consumer demand is high enough to make it worthwhile.

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