Baanx, a cryptocurrency payment card firm that works with the tastes of Mastercard, Visa and Circle, has announced its support for BNB, the Blockchain utility token originally linked to Binance, the largest cryptographic exchange in the world.
BAANX “Crypto Life Card” users can recharge with BNB, expanding the use of the real world of the BNB chain beyond cryptographic trade and decentralized finances (defi) where the Token can be spent on more than 100 million Mastercard merchants and Worldwide visas, according to a press release.
Baanx said the BNB support is being implemented in the United Kingdom markets, the EU and Latam in June, with the American access planned for a future launch.
“We are building bridges between digital and traditional finances, not with empty promises, but with real products that people can use,” said Simon Jones, commercial director of Baanx in a statement.
BNB
The native token of the BNB chain was originally called Binance Coin when it was launched in 2017 and used to pay rates on the Binance negotiation platform. Today, BNB is one of the largest cryptographic tokens with a market capitalization of around $ 90 billion.
Earlier this month, Bloomberg reported that a coverage fund planned to invest $ 100 million in BNB, emulating the Bitcoin treasury plan pioneer for Michael Saylor’s strategy.
