Popular NFT brand Pudgy Penguins announced the global launch of its cryptocurrency debit card on Tuesday, powered by payments giant Visa Inc. (NYSE:V ). New Virtual Card For Everyday Spending Pudgy Penguins said the Pengu card will let users spend stablecoins, such as USDC (CRYPTO: USDC) and Tether (CRYPTO: USDT), or cryptocurrencies, including PENGU, directly at over 150 million merchants, with up to 12% rewards and 7% yield on balances.
Pudgy Penguins Launches Visa-Backed Crypto Debit Card Worldwide — PENGU Spikes Nearly 5.6%
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Pudgy Penguins launches Visa-backed crypto debit card for global use, allowing spending of stablecoins and PENGU at over 150 million merchants.
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