Visa and Baanx Launch USDC Stablecoin Payment Cards
Visa has partnered with crypto card specialist Baanx to introduce payment cards tied to self-custodial wallets, allowing users to spend USDC directly from their crypto wallets in the U.S. The cards utilize smart contracts to authorize card payments instantly, converting USDC into fiat currency in real time. This collaboration highlights the growing trend of managing on-chain finances through major card networks. Baanx aims to enhance access to stable currency by enabling low-cost cross-border payments while ensuring that users can manage their funds seamlessly. The move signals a significant step in the real-world adoption of stablecoins and showcases the utility emerging within the payments ecosystem. Baanx is also working on a similar card linked to MetaMask wallets, indicating a wider trend in crypto integration with traditional finance.
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