Layer 1 blockchain developer Solayer has launched a Visa-compatible fee card that enables customers to make funds. $USDC Verify your steadiness in-store, on-line or by way of contactless transactions.
In accordance with the announcement, the cardboard helps ATM withdrawals in supported areas and may be ordered by way of the Solayer Pay app. Current customers can request a card totally free, whereas new customers pay a $20 annual activation price.
sauce: Solayer fee
Solayer Pay launched in April 2025 underneath the identify Emerald Card and was initially rolled out to 40,000 customers in additional than 100 international locations, the corporate mentioned. Solayer mentioned the brand new bodily card expands on the prevailing Solayer Pay platform and helps the storage, switch and use of digital property by way of a fee infrastructure linked to Visa.
The corporate mentioned the cardboard will permit customers to make funds. $USDC ($USDC) takes balances worldwide by way of the Visa fee infrastructure instantly out of your Solayer Pay account.
Solayer develops infiniSVM, a layer 1 community appropriate with Solana digital machines designed for high-throughput on-chain purposes that use Solana (SOL) for gasoline charges.
Associated: Dartmouth Fund invests in Solana ETF, has $14 million in crypto publicity
Stablecoin fee playing cards increase
Solayer’s launch comes as Rypto and funds firms more and more launch fee playing cards linked to stablecoins related to conventional card networks equivalent to Visa and Mastercard.
In January, cryptocurrency change OKX launched a Mastercard-linked fee card for customers in Europe by way of regulated issuer Monavate, permitting verified clients to make use of stablecoins equivalent to: $USDC and Paxos International Greenback (USDG).
The next month, MetaMask expanded its Mastercard-linked crypto fee card throughout the U.S., together with New York, for the primary time, permitting customers to spend digital property instantly from their self-custodial wallets.
In March, Visa and Stripe-owned Bridge introduced plans to increase their stablecoin-linked card program to 18 international locations and roll out the product in additional than 100 international locations by the top of 2026. The businesses have additionally begun testing stablecoin funds by way of Visa’s pilot program.
That very same month, Mastercard agreed to accumulate stablecoin infrastructure firm BVNK in a deal price as much as $1.8 billion. BVNK gives companies with the infrastructure to ship and obtain stablecoin funds on blockchain networks in over 130 international locations.
DefiLlama knowledge reveals that the stablecoin market has grown by about $79 billion, from about $243.3 billion in Could 2025 to about $322.5 billion right now.
Tether stays the dominant stablecoin issuer, with its USDt (USDT) market capitalization of roughly $189.7 billion, accounting for about 58.8% of the whole stablecoin market. $USDC It ranks second with a market capitalization of roughly $76.7 billion.
sauce: Defilama
