The executive also told Cointelegraph that Mercuryo views crypto as more than just a speculative asset but a powerful tool for moving and storing value. “Crypto is not only an asset; it’s the perfect rail to move money and store money. And it is essential to be able to spend it.”
The executive said that in practice, spending crypto can still be complex. He said it takes a few steps, including moving it to an exchange, sending it to a bank account and answering “weird” questions from banks.