Code discovered in the Coinbase app shows Apple Pay support may soon come for the debit card.
The Coinbase Card is a Visa debit card that lets users spend their cryptocurrency as cash anywhere in the world. The card's balance is determined by the Coinbase account balance, and users can select which crypto is being spent via an iOS app.
An image asset code within the Coinbase app was discovered by MacRumors. It reads "CardGoogleApplePay," which could suggest imminent Apple Pay support.
Coinbase is one of several cryptocurrency exchanges on iOS. Users can purchase cryptocurrencies using Coinbase, but there are fees associated with each transaction.
Some companies like PayPal have enabled checkout using cryptocurrency.
Cryptocurrencies have exploded in popularity — and value — in recent years. Since the beginning of 2020, Bitcoin, for example, has surged more than 660%. As of writing on March 30, a single Bitcoin is worth $56,211.05.
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