On Tuesday, the Avalanche Foundation announced via X that it has launched the Avalanche Card, allowing users to spend their cryptocurrencies easily. The new Visa card by Avalanche will feature support of Circle’s USD Coin (USDC) stablecoin, Wrapped AVAX (WAVAX), BENQI Liquid Staked AVAX (sAVAX), and others.
The Avalanche Card will be available both physically and virtually, allowing users to spend their crypto wherever Visa is accepted. Furthermore, the card is linked to a self-custody wallet and has a unique address per asset. Rain Liquidity, a provider of financial technology services, offers the Avalanche Card.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. AVAX is down 2% today and currently trades at $27.32 per coin.