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Gnosis Pay is a Decentralized Payment Network that removes the barriers between traditional and decentralized finance.
Gnosis Pay introduces the Gnosis Card, a self-custodial Visa debit card that bridges the gap between decentralized finance and the traditional economy, allowing users to spend their crypto assets anywhere Visa is accepted.
The utility of Gnosis Pay lies in its innovative approach to integrating digital assets with the traditional financial system, allowing users to spend their digital assets like cash instantly. Supported by Visa, Gnosis Card is accepted by over 80 million merchants worldwide, making it a tool for bridging digital assets into traditional finance.
The Gnosis Pay card is initially available exclusively in the UK and Europe, with plans to expand its compatibility to the US, Brazil, Mexico, Singapore, and Hong Kong in the future
Gnosis Pay is integrated with the Single Euro Payments Area (SEPA), which allows swift conversion between crypto and fiat currencies.
Gnosis Pay's infrastructure supports multiple blockchains, tokens, DeFi protocols, and on- and off-ramp providers, ensuring the utilization of a wide range of digital assets.