Nexo, Mastercard unveil the world’s first dual-mode crypto card

Crypto lender Nexo partnered with global payments company Mastercard to create the “world’s first” dual-mode cryptocurrency card featuring credit and debit mode.

According to a press statement shared with CryptoSlate, the dual-mode card allows users to switch between debit and credit modes to meet their transactional needs and can be used at over 100 million merchants worldwide where Mastercard is accepted.