MONACO/Crypto.com is a cryptocurrency funded visa-debit that allows users to pay for everyday purchases with cryptocurrencies. In order to use the Crypto.com visa-debit, users must first purchase MCO coins. Then a visa-debit card is delivered to the user. At the point, users can add other coins to their Crypto.com bank account which can then be used just like fiat currency.
Crypto.com is a peer-to-peer payment method and is a step towards widespread adaptation of cryptocurrency. Because Crypto.com acts like a regular visa-debit card, it is easy for a merchant to accept. Likewise, users save money on transaction fees and do not have to worry about exchanging cryptocurrencies to fiat currencies through traditional avenues.