{"id":24587,"date":"2025-04-30T19:16:51","date_gmt":"2025-04-30T19:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24587"},"modified":"2025-04-30T19:16:51","modified_gmt":"2025-04-30T19:16:51","slug":"visa-and-baanx-launch-usdc-stablecoin-payment-cards","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24587","title":{"rendered":"Visa and Baanx Launch USDC Stablecoin Payment Cards"},"content":{"rendered":"<div>\n<p>Cryptocurrency debit card firm Baanx has partnered with Visa to launch stablecoin payment cards tied to self-custodial wallets, starting in the U.S. with Circle\u2019s USDC dollar pegged token, the companies said.<\/p>\n<p>The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move a stablecoin balance upon card authorization from the consumer to Baanx in real time, with Baanx converting the balance into fiat for payment, according to a press release on Wednesday.<\/p>\n<p>Allowing people to manage their money on-chain with the help of major card networks like Visa and Mastercard is a fast growing segment within crypto. Baanx, a firm that specializes in crypto debit cards, is also working with <a href=\"https:\/\/www.coindesk.com\/business\/2024\/08\/14\/metamask-starts-rollout-of-blockchain-based-debit-card-developed-with-mastercard-baanx\">Mastercard on a card linked to MetaMask wallets.<\/a><\/p>\n<p>The stablecoin payments is also heating up with Circle recently announcing <a href=\"https:\/\/www.coindesk.com\/business\/2025\/04\/21\/stablecoin-giant-circle-is-launching-a-new-payments-and-remittance-network\">its own payment network<\/a> focused initially on cross-border payments and remittances.<\/p>\n<p>Baanx\u2019s stablecoin-linked Visa cards promise a global reach with low-cost cross border payments in the mix, according to the release.<\/p>\n<p>\u201cIn many regions, access to stable currency is a luxury. We&#8217;re giving people the ability to hold and spend USD-backed stablecoins seamlessly \u2014 in a self-custodial, real-time way \u2014 anywhere Visa is accepted. This is what the future of finance looks like,\u201d said Simon Jones, chief commercial officer at Baanx in a statement.<\/p>\n<p>\u201cWe know the payments ecosystem is still in the early innings of stablecoin adoption, but real-world utility is coming to the forefront, and we\u2019re excited for what\u2019s next,\u201d said Rubail Birwadker, Visa\u2019s head of growth products and partnerships in a statement.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency debit card firm Baanx has partnered with Visa to launch stablecoin payment cards tied to self-custodial wallets, starting in the U.S. with Circle\u2019s USDC dollar pegged token, the companies said. The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move a stablecoin balance upon card authorization [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24587","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24587"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24587\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}