Cryptopay was using Wavecrest for its Visa debit cards and was caught in the shutdown along with all the others. To its credit, it quickly came up with a Plan B Mastercard offering, but it has just announced that it too must close. It might still be OK in Europe only. Specifically, you can still spend anything you have previously loaded on your Cryptopay Mastercard (virtual or plastic) but you can't load the cards any more. Cryptopay is apparently working to find a Plan C. I hope they succeed - they have been good to deal with.

The end result is very odd, with Visa apparently having destroyed BTC debit cards for most of the world outside the EU, and now a Mastercard provider having a similar effect.

Some argue that these cards just prolong fiat's dominance and that we should all be buying goods and services in crypto alone rather than fiat. I get it, but the crypto debit cards sure are were handy in the meantime.

I hope the industry bounces back quickly.