[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CIN [@Chinwo2](/creator/twitter/Chinwo2) on x 1442 followers Created: 2025-07-13 08:58:54 UTC Polkadot’s Payment Card Initiative Signals New Frontier in Crypto Payments 💳 The Polkadot Community Foundation has recently secured community approval to launch a non-custodial, Polkadot-branded Visa debit card that will work globally wherever Visa is accepted. This card is not yet live but is planned for launch following Referendum #1608’s passage in July 2025. It will support Apple Pay and Google Pay from day one and enable users to pay directly with USDC stablecoins held in their wallets, powered by smart contracts. Unlike prepaid cards, this debit card will not require preloading or custody of funds by a third party, giving users full control over their assets. The card program will be issued by Baanx, a trusted provider already powering cards for MetaMask and Ledger, with no cost to the @Polkadot Treasury for setup or ongoing operations. Revenue from transaction fees (under 1%) will be split evenly between Baanx and the Polkadot Community Foundation, creating a sustainable funding loop for the ecosystem. The card will integrate tightly with the Polkadot Mobile App, enhancing usability and bridging DeFi with everyday payments. The launch of this Visa debit card marks a significant advance in real-world utility but still stops short of extending credit. The first blockchain project to offer a true crypto credit card could unlock a new level of adoption and financial innovation.  XXXXX engagements  **Related Topics** [signals](/topic/signals) [Post Link](https://x.com/Chinwo2/status/1944320622399787068)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
CIN @Chinwo2 on x 1442 followers
Created: 2025-07-13 08:58:54 UTC
Polkadot’s Payment Card Initiative Signals New Frontier in Crypto Payments 💳
The Polkadot Community Foundation has recently secured community approval to launch a non-custodial, Polkadot-branded Visa debit card that will work globally wherever Visa is accepted.
This card is not yet live but is planned for launch following Referendum #1608’s passage in July 2025.
It will support Apple Pay and Google Pay from day one and enable users to pay directly with USDC stablecoins held in their wallets, powered by smart contracts.
Unlike prepaid cards, this debit card will not require preloading or custody of funds by a third party, giving users full control over their assets.
The card program will be issued by Baanx, a trusted provider already powering cards for MetaMask and Ledger, with no cost to the @Polkadot Treasury for setup or ongoing operations.
Revenue from transaction fees (under 1%) will be split evenly between Baanx and the Polkadot Community Foundation, creating a sustainable funding loop for the ecosystem.
The card will integrate tightly with the Polkadot Mobile App, enhancing usability and bridging DeFi with everyday payments.
The launch of this Visa debit card marks a significant advance in real-world utility but still stops short of extending credit.
The first blockchain project to offer a true crypto credit card could unlock a new level of adoption and financial innovation.
XXXXX engagements
Related Topics signals
/post/tweet::1944320622399787068