Layer-1 blockchain developer Solayer launched a Visa-compatible cost card that permits customers to spend $USDC balances by in-store, on-line and contactless transactions.
The cardboard helps ATM withdrawals in supported areas and could be ordered by the Solayer Pay app, in accordance with the announcement. Current customers can request the cardboard at no cost, whereas new customers pay a $20 annual activation charge.
Supply: Solayer Pay
Solayer Pay launched in April 2025 below the title Emerald Card and initially rolled out to 40,000 customers throughout greater than 100 nations, in accordance with the corporate. Solayer mentioned the brand new bodily card expands the present Solayer Pay platform, which helps storing, transferring and spending digital property by Visa-linked cost infrastructure.
The corporate mentioned the cardboard allows customers to spend $USDC ($USDC) balances globally by Visa cost infrastructure instantly from their Solayer Pay accounts.
Solayer develops infiniSVM, a layer-1 community suitable with the Solana Digital Machine that’s designed for high-throughput onchain functions utilizing Solana (SOL) for fuel charges.
Associated: Dartmouth endowment invests in Solana ETF, holds $14M in crypto publicity
Stablecoin cost playing cards develop
The launch from Solayer comes as rypto and funds firms have more and more launched stablecoin-linked cost playing cards tied to conventional card networks together with Visa and Mastercard.
In January, crypto alternate OKX launched a Mastercard-linked cost card for European customers by regulated issuer Monavate, permitting verified clients to spend stablecoins, together with $USDC and Paxos’ World Greenback (USDG).
The next month, MetaMask expanded its Mastercard-linked crypto cost card throughout the US, together with New York for the primary time, permitting customers to spend digital property instantly from self-custodial wallets.
In March, Visa and Stripe-owned Bridge expanded their stablecoin-linked card program to 18 nations and mentioned they deliberate to roll out the product throughout greater than 100 nations by the tip of 2026. The businesses additionally started testing stablecoin settlement by Visa’s pilot program.
The identical month, Mastercard agreed to amass stablecoin infrastructure firm BVNK in a deal valued at as much as $1.8 billion. BVNK gives infrastructure for companies to ship and obtain stablecoin funds throughout blockchain networks in additional than 130 nations.
Knowledge from DefiLlama exhibits the stablecoin market has grown from about $243.3 billion in Could 2025 to round $322.5 billion as we speak, a rise of about $79 billion.
Tether stays the dominant stablecoin issuer, with its USDt (USDT) commanding a market capitalization of about $189.7 billion, representing round 58.8% of the full stablecoin market, whereas Circle’s $USDC ranks second with a market capitalization of about $76.7 billion.
Supply: DefiLlama
