1inch Network collaborates with Baanx and Mastercard to introduce web3 debit card

1inch Co-Founder Sergej Kunz expressed the importance of catering to individuals who are not only well-versed in digital currencies but also to those who are new to the crypto world. He introduced the 1inch Card, aiming to bridge the gap between digital and fiat currencies. The card is available in both physical and virtual formats, enabling users to enjoy the benefits of a standard debit card.

Kunz shared a real-life demonstration of the virtual debit card in action. He showcased the ease of completing a transaction by simply tapping his phone, highlighting that the card is already active and being utilized.

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