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Lemon Launches Argentina’s First Bitcoin-Backed Visa Credit Card

Users lock 0.01 BTC to open a peso credit line without bank checks or selling their crypto.

Overview

  • Lemon says customers who immobilize 0.01 BTC can access up to 1,000,000 Argentine pesos in revolving credit.
  • The Bitcoin posted as collateral remains untouched and is not converted to local currency, according to the company.
  • The product offers peso-based credit without requiring a bank account or credit history.
  • Lemon plans next-phase features including dollar spending via USDC or USDT and user-adjustable collateral and credit limits.
  • The launch lands as Argentina advances crypto registration and AML rules and the central bank reviews allowing banks to offer crypto services as early as April 2026.