Baanx and Visa Launch USDC Payment Card for Crypto Wallets
In a significant development for cryptocurrency users, Visa and Baanx have announced the launch of USDC stablecoin payment cards. These cards allow users to spend USDC directly from their crypto wallets, leveraging smart contracts to facilitate transactions. This innovation marks a pivotal step in integrating cryptocurrency with traditional payment systems, enabling seamless spending without the need for fiat conversion.
Global Rollout of Tap-to-Pay Crypto Card
In another major announcement, CompoSecure, Baanx, and MetaMask have unveiled a new tap-to-pay crypto card set to launch globally in Q2 2025. This card allows users to make instant crypto payments directly from their MetaMask self-custody wallets. The card eliminates the need for converting crypto to fiat, preloading funds, or using centralized exchanges, offering a streamlined payment experience.
Partnership with Visa Enhances Crypto Spending
Baanx’s collaboration with Visa to introduce a USDC payment card linked to self-custody wallets is poised to transform how users spend cryptocurrency. This partnership underscores the growing trend of integrating stablecoins into everyday transactions, providing users with more flexibility and control over their digital assets.
Innovative Metal Card for Crypto Payments
The collaboration between CompoSecure, Baanx, and MetaMask has resulted in the creation of a ‘metal card’ that facilitates crypto tap-to-pay transactions. This card allows users to pay directly from their self-custody MetaMask wallets without the need for preloading or converting their crypto, further simplifying the payment process.
MetaMask’s New Self-Custody Crypto Card
MetaMask has introduced a new crypto payments card in partnership with CompoSecure and Baanx, backed by Mastercard. This card connects directly to users’ crypto balances, eliminating intermediaries and bringing blockchain technology closer to everyday transactions. The card is designed to enhance the real-world spending power of digital wallets.
Mastercard’s Stablecoin Payment System
Mastercard has announced an end-to-end stablecoin payments system in collaboration with OKX and Nuvei. This system enables consumers to spend stablecoins and allows merchants to receive them, offering a comprehensive approach to stablecoin transactions. This development highlights Mastercard’s commitment to integrating stablecoins into the broader payment ecosystem.
MetaMask’s Self-Custody Crypto Card with Mastercard
MetaMask is set to launch a self-custody crypto card in partnership with Mastercard, CompoSecure, and Baanx. This card will allow users to spend self-custodied funds, providing additional ways for crypto holders to utilize their tokens. The card leverages smart contracts to execute real-world transactions, enhancing the usability of digital assets.
Fundamentals for Baanx
- Asset Type: Crypto Currency
- Close Price (2025-04-29): 0.0208133
- 52 Weeks High (2024-05-02): 0.0904024
- 52 Weeks Low (2025-04-06): 0.012063
- Market Cap: 3,906,957.015
These developments reflect the growing integration of cryptocurrency into mainstream financial systems, offering users more flexibility and control over their digital assets.