The Avalanche Foundation launches Visa crypto payment cards, initially supporting Latin America and the Caribbean regions.

USDC

AVAX

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<p>According to Deep Tide TechFlow and reported by Cointelegraph, the non-profit organization behind the Avalanche blockchain, Avalanche Foundation, announced the launch of the Avalanche Card on October 21. This is a Visa card that supports cryptocurrency payments.</p>
<p>It is reported that the card supports cryptocurrencies such as USDC, Wrapped AVAX (WAVAX), and BENQI Liquid Staked AVAX (sAVAX), allowing users to make purchases at all locations that accept Visa payments. The Avalanche Card will be available in both physical and virtual forms, utilizing a self-custody wallet model where each asset corresponds to a unique address.</p>
<p>Notably, the card is serviced by fintech provider Rain Liquidity, and is initially available only to residents of Latin America and the Caribbean, excluding applications from residents of Cuba, Venezuela, Nicaragua, Russia, North Korea, Syria, Iran, and the Crimea, Luhansk, and Donetsk regions. The official statement mentions that the card does not charge payment fees, but users should refer to the complete service fee terms.</p>
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Avalanche Foundation Launches Visa Crypto Payment Card, First Supported in Latin America and the Caribbean