The announcement was made on Coinbase's official blog this Wednesday, 19th. The main advantage of this new partnership is that Coinbase can cut the intermediaries for the production of its debit cards, reducing the cost and fees of this service, in addition to encouraging adoption.

By becoming a major partner of Visa, Coinbase makes the use of cryptocurrencies on debit cards something even more practical and inexpensive, totally cutting out the intermediaries that used to take part of the amount transacted in fees. This new system is a great advantage for users of the platform and marks an important step for the entire crypto market.

Coinbase already had a debit card that worked similarly, but it was brokered by Paysafe Group Holdings, which charged fees on each use. With the redesign of your cards, these fees will decrease and probably encourage the use of a debit card that works with cryptocurrencies.

The idea of the card is to start facilitating transactions in XRP, Bitcoin and ETH, the three largest cryptocurrencies on the market. This makes it very likely to be accepted, as there are several investors in these currencies.

And the cryptocurrency also has advantages, with the new product helping to move cryptocurrencies and bringing us closer to putting digital money as a practical currency for everyday life. While Visa prepaid cards are common on cryptocurrency exchanges, Coinbase now stands out because it can act as the company that deals with money directly, without the need for intermediaries.