The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card.
The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card, a new crypto-payments solution positioned to bridge the gap between digital assets and real-world transactions.
Already launched in several Latin American and Caribbean markets, this new innovative payment card will enable users to spend their digital assets with any of the hundreds of thousands of Visa-accepting merchants worldwide.
This latest product offering will have several digital currencies, including Wrapped AVAX, USDC stablecoin, and BENQI Liquid Staked AVAX, considering users' freedom of payment choice.
The Avalanche Card website says the credit card is tied to a self-custody wallet and unique address per asset. The description on the card indicates that activity is not reported to the credit bureaus.
The website says that though introduced by the Avalanche Foundation, the Avalanche Card is offered by Rain Liquidity, a provider of financial technology services.
The Avalanche Card is centered on the user, with both a physical and virtual card available, round-the-clock customer support, and seamless integrations with leading applications. Unique to this card is the wallet address system, wherein users can retain direct custody of their assets while benefiting from the powerful security infrastructure and customer service network provided by Visa.
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