Ledger will launch the "Crypto Life" Visa card for U.S. users

Ledger, a hardware wallet company, announced on May 29, as reported by CoinDesk, that it will launch the "Crypto Life" Visa card in the United States on June 30, excluding New York and Vermont. The card will be backed by crypto card service provider Baanx, allowing users to earn 1% cashback in Bitcoin or USDC on their spending. It also supports direct deposit of wages into on-chain accounts via bank transfers. The Vice President of Consumer Services at Ledger stated that this partnership will provide cash back for Bitcoin holders to millions of users in the United States.