It’s not a surprise anymore that the crypto market is racing like crazy towards the mass adoption of the digital assets.
This is one of the goals for 2019, and it seems that more and more movements that have taken place in the crypto space are leading the way towards this considerable achievement.
Here’s the latest move that will definitely support the cause.
Spend Wallet app upgrade
Spend.com released an upgrade for the Spend Wallet app that allows transactions via Apple Pay with more than 16 digital assets including Bitcoin (BTC), Ripple’s XRP, Litecoin (LTC) and Ethereum (ETH).
Spend Wallet app’s users will be able to gain access to Apple Pay after they add their physical or virtual Spend Visa cards to the platform.
The official announcement notes: “Users are now able to update their Spend Wallet app to v2.4.979 and receive immediate access to Apple Pay by either manually adding their physical Spend Visa card into the Apple Wallet App or, if they have a virtual Spend Visa card, they can instantly add it to their Apple Wallet in-app by pressing the ‘Add to Apple Wallet’ icon.”
Via the mobile application, users will get the chance to choose the crypto that they want to spent and then tap their phone that supports Apple Pay.
“The rest of the magic happens in the background as Spend instantly converts the asset to local fiat currency on the trigger of the transaction,” the official notes say.
You can transfer funds in more than 180 countries
Users will be able to make transactions from their linked bank accounts directly from the app and transfer funds in over 180 countries.
The company managed to expose 40 million retail locations all over the globe to crypto users via this latest move. Needless to say, this is a huge achievement for the mass adoption goal.
Fergus Reynolds joined Crypto Daily Gazette as managing editor in January of 2018 and is helping to lead the digital media startup’s next phase of expansion. A veteran business journalist with more than 10 years experience economics, Fergus has published content for Huff Post and Buzz Fee and was among the earliest journalists covering bitcoin and the innovations it later inspired. Fergus tells us he has “several” bitcoins.