CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-04-14 10:45:08

Paycoin set to launch crypto-backed Mastercard on Apr. 30

PayProtocol, the company behind Paycoin, has revealed plans to launch its own Mastercard-powered debit card on Apr. 30. According to an Apr.14 announcement posted on the company’s Medium page, the card will allow users to top up with crypto and spend at Mastercard merchants globally. The card will be created in partnership with Swiss neobank SR Saphirstein AG and will support Paycoin’s token PCI, Ethereum ( ETH ), and USD Coin ( USDC ). With a monthly top-up limit of 1,000 Swiss Francs, Paycoin Mastercard can be used for online and offline payments and is compatible with Apple Pay and Google Pay. The card’s self-custody structure is one of its key features. It gives users total control over their assets while enabling them to access Mastercard’s global payment network. The card will initially be offered in the EU and European Free Trade Association regions, with plans to expand to additional countries and support more cryptocurrencies in the future. PayProtocol also noted that since PCI went public on Uniswap ( UNI ) via the Arbitrum ( ARB ) bridge, its liquidity has grown. You might also like: Mastercard teams up with Kraken to expand crypto payment services across Europe Now more firmly established in the decentralized finance ecosystem, PCI can serve as a real-time settlement asset in PayProtocol’s broader payment model due to its low fees and fast transactions. Paycoin is already widely used in South Korea, where over 10,000 establishments, such as 7-Eleven, Domino’s Pizza, and KFC, accept PCI as payment. With the new Mastercard, the team is now attempting to increase Paycoin’s worldwide presence, starting in Europe. The price of Paycoin rose 5.7% following the announcement, and its daily trading volume increased by 900% to $7.8 million, as per Coingecko data . With a market cap of $70 million, PCI is currently ranked 512th. The launch of Mastercard may be a turning point for adoption, even though it is still more than 98% below its peak. Read more: Solana-based Zebec Network introduces crypto debit card powered by Mastercard

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.