Crypto Life cardholders will be able to open a line of credit using cryptocurrency as collateral.

Ledger, which is best known for its hardware wallets, is introducing a crypto debit card called the Crypto Life card, the company announced Thursday.

Card users will be able to pay cryptocurrency to more than 50 million retailers and online stores, Ledger said in a press release.

Cardholders will be allowed to open a line of credit to get cash to spend on the card, using cryptocurrency as collateral, with rates starting at 0%. Rates will vary by region.

Ledgerraised$380 million earlier this year in a Series C funding round, saying at the time that it would expand its services.

Ledger Chief Experience Officer Ian Rogers told CoinDesk that the company began as an option to “HODL,” but that users “increasingly want to do more and more with crypto.”

Rogers added that Ledger’s card and its capabilities are also a step toward replacing traditional bank accounts.

Fintech company Baanx will provide program management and infrastructure for the card.