Visa has partnered with crypto card company Baanx to launch a USDC stablecoin payment card linked to self-custody wallets in the United States. Cardholders can directly use USDC from their crypto wallets, transferring stablecoin balances to Baanx in real-time via smart contracts, where they are converted into fiat currency for payments. Additionally, Baanx has collaborated with Mastercard to develop a payment card linked to the MetaMask wallet.

USDC

PANews reported on May 1 that Visa has partnered with crypto card company Baanx to launch USDC stablecoin payment cards tied to self-hosted wallets in the U.S. These Visa cards allow cardholders to spend USDC directly from their crypto wallets, using smart contracts to transfer stablecoin balances to Baanx in real time and convert them into fiat currency for payment.
 In addition, Baanx has also partnered with Mastercard to develop a payment card tied to the MetaMask wallet.

Visa partners with Baanx to launch a USDC stablecoin payment card, supporting payments from self-custody wallets