Payment giant Visa announced the launch of Crypto-to-fiat Card in cooperation with Singapore's dtcpay. It is reported that the card is mainly for ultra-high net worth (UHNW) individuals and supports users to convert cryptocurrencies such as stablecoins into fiat currencies using real-time exchange rates. It will be expanded to merchants in the future. It is reported that the card plans to open for public registration in the fourth quarter of this year.