It's not theoretical - coinbase, crypto.com, gemini, blockfi, etc.. all have debit cards. Use your crypto to buy stuff, get % rewards back in crypto as well.

That's still not a concrete comparison by direct observation. Someone needs to actually use these cards and describe how the user experience differs.

That is, the sort of thing people do when writing a product review.

Do any of those companies offer debit cards in Lebanon?

Binance and Coinbase cards are not available for cardholders in Lebanon according to the FAQ on their sites. They are mostly for EU and US cardholders.

The cards should work wherever visa/mastercard is accepted. Here's one the specifically calls out Lebanon - https://spectrocoin.com/en/bitcoin-in-Lebanon.html

I remember reading that Lebanon had been experiencing a dual exchange rate phenomenon. In which the official one is much less than the market rate. This has happened in other countries like Argentina and Venezuela before too

If this were the case. The benefits of using a foreign card would depend on the exchange rate in which card payments are settled.

Are Lebanon's card transactions with foreign cards settled at the official or at the market exchange rate? Is the difference between both rates still significant?

Yes, because they go over a common network, Whether they can be used in Lebanon is different from whether they issue cards to citizens in Lebanon