Solayer launches Visa-compatible card for USDC payments

CoinTelegraph2h agoUpdated 1h ago
Solayer launches Visa-compatible card for USDC payments
Smart Read

The new card lets users spend USDC balances through online, in-store and contactless transactions while accessing ATM withdrawals in supported regions....

Key takeaways

  • 1Solayer launched a Visa-compatible card enabling users to spend USDC globally through in-store, online, contactless and ATM transactions.
  • 2Existing users get the card free; new users pay $20 annual activation fee after Solayer Pay reached 40,000 users across 100+ countries.
  • 3Stablecoin market grew $79 billion in one year to $322.5 billion; USDC ranks second at $76.7 billion market cap after USDT's $189.7 billion.

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Why it matters

Solayer's card demonstrates crypto-to-fiat spending infrastructure maturity, directly relevant to Indian retail investors seeking practical crypto utility beyond speculation. The expanding stablecoin payment ecosystem (Visa, Mastercard, Stripe partnerships) signals institutional validation and growing mainstream adoption pathways for digital assets.

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