Avalanche Foundation Reveals Launch of New Visa Spending Card Linked to Self-Custody Wallet
The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations. “Introducing the Avalanche Card! Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted. Enjoy both physical and virtual cards, 24/7 dedicated support, and seamless transactions through popular apps. “ According to the firm, the Visa card, which will be available in physical and digital formats, will support Wrapped AVAX (WAVAX), Circle’s USD-pegged stablecoin USDC, and BENQI Liquid Staked AVAX (sAVAX), among others. The card will be linked to a unique user wallet address that each user maintains custody over, all while offering Visa customer support and promising security through self-custody. The card has already hit the ground in Latin America and the Caribbea...