Lemon, Argentina’s second-largest crypto exchange, has launched the country’s first Visa credit card backed by Bitcoin
BTC
$96 050
24h volatility:
0.8%
Market cap:
$1.92 T
Vol. 24h:
$64.49 B
collateral.
The product lets users access peso-denominated credit without a bank account, credit score, or selling BTC.
The product targets Argentina’s deep distrust of banks due to repeated peso devaluations. This pushed households toward cash dollars and, more recently, crypto as stores of value.
The exchange aims to turn long-term Bitcoin holdings into usable spending power for Argentines.
La Nación reported that Lemon, Argentina’s second-largest crypto exchange, has launched the country’s first Visa credit card b
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