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Solayer launches Visa-compatible card for USDC payments

Cointelegraph
Solayer has introduced a Visa-compatible payment card allowing users to spend USDC balances globally via the Solayer Pay app.

Summary

Layer-1 blockchain developer Solayer has launched a Visa-compatible card that enables users to spend USDC balances through online, in-store, and contactless transactions. The card, which also supports ATM withdrawals, is an extension of the existing Solayer Pay platform. While existing users can acquire the card for free, new users are subject to a $20 annual activation fee. This initiative aligns with a broader industry trend of integrating stablecoins into traditional payment networks, joining recent efforts by companies like OKX, MetaMask, and Visa to facilitate global crypto-based spending.

(Source:Cointelegraph)