I wasnt aware of it either under @wwf. brought it to my attention yesterday. It is just another feather in the STEEM cap.
It really does give the US people an option to convert their STEEM to fiat....something that was a hassle before.
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If this is true... and I am saying a quiet prayer for it.. It would definitely bring more crytpocurrency lovers and investors aboard. Especially those like who are new to the world of BTC, etc.
Imagine people selling BTC to get more steem so they can have cash, or credit actually, on hand for "concrete" purchases?
I cant be certain but I think there are already some BTC Visa cards out there. But this applies to a ton of other tokens which presently have to go through the exchange process (most often using BTC, LTC, or ETH).
Since many Steemians have other tokens, it might make life a bit easier for them.