Crypterium, crypto payment firm led by former Visa exec, has shipped about 4,000 crypto debit cards in a week since the launch of the card, according to a press release on June 27.

Crypterium, an Estonia-headquartered fintech company, launched its Crypterium Card on June 12, offering global community a prepaid card loaded with major cryptocurrencies such as bitcoin (BTC), ether (ETH), litecoin (LTC), USD Coin (USDC), as well as Crypterium’s own CRPT token.

As the company wrote in the announcement, the new bitcoin card operates “in the same way as a traditional prepaid card,” enabling online and in-store crypto purchases on a number of services including Amazon, Ntflix, as well as tuition fees, or medical bills, among others. With that, users can also cash out from “any of the 2 million” automatic teller machines (ATMs), with funds converted automatically to local currencies.

Crypterium has managed to deliver 3,736 Crypterium Cards to around 70 countries in the first week after the launch of the solution, citing “booming demand” amid the current BTC price surge and nascent bull market.

Interesting things are happening in the cryptocurrency space.

Read full article here: CoinTelegraph.com