Wirex is thrilled to introduce the Wirex Dual-Mode Card, a cutting-edge solution that seamlessly merges the reliability of traditional financial systems with the transformative potential of decentralized Finance (DeFi).
The Wirex Dual-Mode Card offers users flexibility and control over their financial assets, providing two distinct modes to cater to diverse preferences.
In Debit Mode, the card operates like a traditional debit card, supporting transactions in both fiat currencies and stablecoins. This mode is ideal for users who prefer the stability of fiat or stablecoin spending, minimizing volatility and ensuring predictable value.
Switching to Credit Mode, the Wirex Dual-Mode Card utilizes crypto holdings as collateral through a Collateral Debt Position (CDP). Tailored for crypto enthusiasts, this mode leverages DeFi protocols for decentralized lending and borrowing, allowing users to preserve the appreciation of their assets.
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