Binance’s debit card is set to arrive in the United States soon following a partnership with American banking institution Evolve Bank & Trust that was announced on August 31.
- The partnership with Evolve Bank & Trust will make direct dollar deposits possible, and supports both debit and credit transactions
- The collaboration will begin from Q4 2020, and is focused on making the use of the card a simplified and user-friendly experience
- No date has been announced as to when the card will launch in the US, but this latest move indicates that it may be soon
- Binance began shipping its debit cards in July, with citizens of the European Economic Area the first to be eligible for registration
- Binance acquired Swipe in July, and uses its technology to power the debit cards