Avalanche Card Now Available for Crypto Purchases
Finance/Tech

Avalanche Card Now Available for Crypto Purchases

The Avalanche Foundation launches a new Visa credit card for users to spend their cryptocurrency at any Visa-accepting store.

Avalanche Card Now Available for Crypto Purchases

Users can utilize their Avalanche tokens (AVAX), wrapped AVAX, and stablecoins USDT and USDC at any store that accepts Visa.

The Avalanche Foundation announced that its much-anticipated Avalanche Card, a Visa credit card designed for cryptocurrency transactions, is officially active. Users can now make purchases with their Avalanche tokens (AVAX), wrapped AVAX, and stablecoins like USDT and USDC at any location that recognizes Visa, both online and in-person.

The card was created in partnership with Rain, a card issuance platform that operates on blockchain technology.

This launch marks a significant step in integrating traditional financial systems with cryptocurrency, further enhancing the practical use of digital currencies. In a previous announcement, the Avalanche Foundation confirmed plans to focus user sign-ups in Latin America and the Caribbean and indicated a rise in interest from regions such as Southeast Asia and Africa.

According to the Avalanche Card website, users will also be granted a self-custody wallet with a unique address for each asset.

“In a move to promote mainstream acceptance of decentralized finance (DeFi), Avalanche aims to create accessible bridges for all types of users into blockchain technology,” the foundation stated.

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