Credit card points can be exchanged for Bitcoin and Ethereum! Japanese financial giant SBI rewrites the starting point for getting on board Crypto Assets.

Japan's major financial group SBI Holdings' Aplus credit card has announced that it is now possible to exchange bonus points for BTC, ETH, and XRP, marking a further integration of financial services and digital assets. (Background: Metaplanet surged 22% in a single day! Invested $5.4 billion to buy Bitcoin, aiming to hold 210,000 BTC by 2027) (Additional background: UK-listed company Smarter Web Company increased its position by 39.52 Bitcoins, with its stock rising 42% in the past five days) Japanese consumers can now directly convert the bonus points accumulated from card usage into Bitcoin, Ethereum, or XRP! SBI Holdings announced on July 8 that its affiliate has launched the Aplus credit card points "Aplus Point," which now adds exchange options for Bitcoin (BTC), Ether (ETH), and Ripple (XRP), marking the first time these points can be directly exchanged for crypto assets. Points Exchange Mechanism and Restrictions According to the official announcement, starting today, Aplus credit card users can exchange 2,100 points for BTC, ETH, or XRP worth 2,000 yen. The exchanged cryptocurrency will be directly credited to the user's SBI VC Trade account and will be completed by the 27th of the month following the application. The actual currency exchange and custody services will be handled by the group's cryptocurrency exchange platform SBI VC Trade. Additionally, the registered email for Aplus and SBI VC Trade must match, otherwise modifications must be made first. The Snowball Effect of Micro Transactions Although Aplus users are not considered large in Japan, there are still millions of them. Even if only 3% participate in point exchanges, the accumulated funds flowing on-chain cannot be underestimated. More importantly, in the past, "deposits" were often stuck in bank reviews and remittance procedures, but now the card swipe itself completes the asset conversion, making it almost threshold-free for users, and it may stimulate competitors to launch similar services. SBI's approach is like planting a flag on the rigorous Japanese financial supervision map, indicating that the next battlefield is not on exchanges, but with every swipe of the card in daily consumption. It can be said that the point-to-coin conversion appears to be a promotional activity, but in reality, it is paving the way for comprehensive encryption. Related Reports Ethereum Spot ETF has seen net inflows for 15 consecutive days; in contrast, Bitcoin ETF has seen outflows of over $1 billion during the same period. Non-farm employment in the U.S. in May exceeded expectations, Bitcoin has returned to $104,000. Is the Bitcoin donation received by Silk Road founder Ross Ulbricht "criminal proceeds"? Suspected to come from dark web AlphaBay linked wallets. <Credit card points can be exchanged for Bitcoin and Ethereum! Japan's financial giant SBI rewrites the starting point for crypto asset entry> This article was first published in BlockTempo "Dynamic Block - The Most Influential Blockchain News Media."