- Avalanche is launching a Visa card that allows users to spend USDC, wAVAX, and sAVAX
- The card can be managed through an app and is available in both virtual and physical formats
- Users can join the waitlist, but release dates and specifics for certain countries are still unclear
Avalanche launches its card in collaboration with Rain. This will be a card that allows you to spend USDC, wAVAX, and sAVAX on the VISA network. It will be a card that you can manage directly from an app, linked to a wallet, and available in both virtual and physical formats.
You can already sign up here to get on the waitlist—though the timeline for release isn’t clear yet, especially in our country, which is one of those supported in this first phase.
Essentially, this will be a debit card that will also come with benefits in terms of discounts on certain purchases. So, is another crypto card on the way?
In reality, there are quite a few crypto cards out there, some of which are already widely used in Italy and offered by major cryptocurrency exchanges.
However, this case is different: there are no exchanges involved, but rather Avalanche collaborating with Rain (which will rely on local banks depending on the jurisdiction) and allowing users to have cards through which they can directly spend the assets they hold on Avalanche.
Conclusion
What do you think about this development?
It’s exciting to see how Avalanche is stepping up its game in the crypto space!
