Customers can easily make payments with their cryptocurrency assets at any merchant store that accepts Visa, using the debit card

Gate Group, the parent company of Gate.io, a major cryptocurrency exchange, has announced its plan to launch its Gate Visa debit card in Europe. The card will enable customers to pay with their crypto assets, including Shiba Inu, at over 80 million merchant stores that accept Visa. The debit card will be launched through Gate Global UAB, the Lithuanian-based subsidiary of Gate Group, and a dedicated app for the card will also be released. The company has introduced a waitlist exclusive to customers in the European Economic Area (EEA), and plans to expand the product to other regions in the future. Visa has commented that Gate Group debit cardholders will be able to use their digital assets to pay for goods and services anywhere Visa is accepted. This development comes a week after Visa denied claims that it plans to halt its crypto push.