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The Defiant 2024-12-09 22:30:44

Moonwell Launches Debit Card for Crypto Spending at 44 Million Merchants in Collaboration with Cypher_HQ

Moonwell Launches Debit Card for Crypto Spending at 44 Million Merchants in Collaboration with Cypher_HQ

Moonwell has launched the Moonwell Card, a debit card that allows users to spend their onchain crypto assets globally. The card is accepted at over 44 million merchants worldwide, enabling users to shop, dine, and travel while keeping their crypto assets onchain. This development addresses a significant challenge in the crypto space by bridging the gap between digital assets and real-world usability. Users can also borrow USDC against their assets on Moonwell's platform and use the card for payments wherever Visa is accepted. The launch is part of a collaboration with Cypher_HQ, and Moonwell plans to introduce autoload functionality from its USDC vault in the future. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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