Transak teams up with Visa for fast crypto-fiat exchange in 145 countries

Transak, a company focused on payment infrastructure, announced its collaboration with Visa on Tuesday, aiming to significantly enhance the process of converting cryptocurrencies to fiat currencies for users across 145 countries.

Through this partnership, they intend to utilise the Visa Direct platform, enabling a swift and efficient exchange of digital assets into local currencies.

This move is designed to offer improved liquidity for crypto assets globally, facilitating a more streamlined and accessible process for users looking to convert their digital holdings into spendable cash.

This alliance represents a significant step forward in bridging the gap between traditional financial services and the burgeoning world of cryptocurrencies, promising to bring about greater ease and flexibility in the movement of digital value across borders.