{"id":17994,"date":"2024-10-23T09:16:19","date_gmt":"2024-10-23T06:16:19","guid":{"rendered":"https:\/\/forklog.com\/en\/avalanche-unveils-visa-payment-card\/"},"modified":"2024-10-23T09:16:19","modified_gmt":"2024-10-23T06:16:19","slug":"avalanche-unveils-visa-payment-card","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/avalanche-unveils-visa-payment-card\/","title":{"rendered":"Avalanche Unveils Visa Payment Card"},"content":{"rendered":"<p>The Avalanche Foundation, the entity behind the Avalanche cryptocurrency platform, has collaborated with Rain Liquidity to develop an on-chain Visa payment card.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Introducing the Avalanche Card! ?<\/p>\n<p>Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted.<\/p>\n<p>Enjoy both physical and virtual cards, 24\/7 dedicated support, and seamless transactions through popular apps.<\/p>\n<p>The future starts now! Join the waitlist and check out the full\u2026 <a href=\"https:\/\/t.co\/NUmW93sX5P\">pic.twitter.com\/NUmW93sX5P<\/a><\/p>\n<p>\u2014 Avalanche Foundation ? (@AvalancheFDN) <a href=\"https:\/\/twitter.com\/AvalancheFDN\/status\/1848470963672711543?ref_src=twsrc%5Etfw\">October 21, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The companies are not banks and are not insured by the <span data-descr=\"Federal Deposit Insurance Corporation\" class=\"old_tooltip\">FDIC<\/span>. The Avalanche Card is issued by licensed partners.<\/p>\n<p>The card allows spending of USDC, Wrapped AVAX (wAVAX), BENQI Liquid Staked AVAX (sAVAX), and other tokens from non-custodial wallets &#8220;wherever Visa is accepted.&#8221;<\/p>\n<p>The product is available in both physical and virtual forms. There are no spending fees, though other charges apply.<\/p>\n<p>The card supports instant conversion of cryptocurrencies to fiat, as well as cashback and potential rewards.<\/p>\n<p>Initial jurisdictions include countries in Latin America and the Caribbean.<\/p>\n<p>The company has opened registration for the waitlist. Compliance with regulatory requirements necessitates <span data-descr=\"know your customer\" class=\"old_tooltip\">KYC<\/span> verification. <\/p>\n<p>In July, <a href=\"https:\/\/forklog.com\/en\/news\/tezos-and-bybit-introduce-crypto-cards-coinbase-launches-universal-app-and-other-crypto-industry-developments\">Tezos<\/a> announced the release of payment cards in partnership with Baanx and Mastercard. The latter issued a product for <a href=\"https:\/\/forklog.com\/en\/news\/1inch-and-mastercard-unveil-web3-debit-card\">1inch<\/a> and announced its release under the <a href=\"https:\/\/forklog.com\/en\/news\/metamask-trials-mastercards-blockchain-powered-payment-card\">MetaMask<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/worldcoin-faces-scrutiny-in-south-korea-indian-investors-access-btc-etf-and-other-crypto-developments\">Revolut<\/a> brands.<\/p>\n<p>Earlier, ForkLog published an article dedicated to payment cards for digital asset transactions:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Avalanche Foundation, the entity behind the Avalanche cryptocurrency platform, has collaborated with Rain Liquidity to develop an on-chain Visa payment card. 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. The future [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,1198],"class_list":["post-17994","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","tag-avalanche-avax","tag-crypto-payments"],"aioseo_notices":[],"amp_enabled":true,"views":"40","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17994"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17994\/revisions"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}