The cryptocurrency wallet Tonhub has unveiled a Visa debit card, enabling payments directly from balances in TON and USDT.
Tonhub has launched a Visa debit card, allowing users to make direct payments from their $TON or $USDt balances. Expect:
?Intuitive KYC
?1.5% transaction fees
?Supports SEPA, SWIFT, Apple Pay & Google PayAt Tonhub, your account isn’t just a bank record but a smart contract… pic.twitter.com/nsksueT3NY
— TON ? (@ton_blockchain) November 7, 2024
To obtain the card, users must download the mobile app and complete identity verification. The service is available to European Union citizens.
Representatives of TON Blockchain have announced plans to expand to other regions in 2025.
Key features of the card include:
- simple KYC process;
- 1.5% transaction fee;
- support for SEPA, SWIFT, Apple Pay, and Google Pay.
“At Tonhub, your account is not just a bank record but a smart contract linked to your wallet on the TON blockchain. You own and manage your funds directly, elevating your crypto wallet to the status of a neo-bank,” stated TON Blockchain.
The card allows users to:
- make online and offline purchases;
- send fiat money using IBAN, utilizing crypto balances;
- pay with cryptocurrencies with conversion at the point of sale.
In April, Tether added support for the TON network.
In September, transactions on The Open Network blockchain surpassed 1 billion.