Coinbase launches crypto debit card in the U.S.

Coinbase’s Visa cryptocurrency debit card is coming to the U.S.

The card works like any other Visa debit card, and is accepted wherever Visa is accepted. The card allows users to to spend crypto directly from their Coinbase account. Cryptocurrencies are automatically converted to U.S. dollars before completing purchases and withdrawing from ATMs.

Coinbase is kicking off the launch with a rewards program, which gives back 4 percent when you spend Stellar Lumens (XLM), or 1 percent back when you spend bitcoins (BTC). This promotion won’t initially be valid for other regions.